comments

Treasury Secretary has capital injection for stock option

The Act has been drafted to give the Treasury Secretary the discretion to pursue a strategy of capital injection in return for stock, should he judge it appropriate to do so.

RELATED ARTICLESExplain
⌅
The Global Financial Crisis
⌃
How should the US and other governments respond?
⌃
Measures to alleviate the immediate symptoms?
⌃
The Emergency Economic Stabilization Act 2008
■
Treasury Secretary has capital injection for stock option
⇥
Captial Injection in return for stock
□
Contain the economic impact of the credit crunch
□
Relieve the immediate credit crunch
□
Abandoning free market principles
□
Compounds $53 trillion US deficit
□
Doesn't punish bankers for mistakes
□
Insufficient information available to make sound policy decision
□
Involved extra $100bn of irrelevant sweetners
□
Moral hazard
□
Printing more money just devalues the USD more
□
Transfers a mass of toxic assets from banks to the government
□
Graph of this discussion
Enter the title of your article


Enter a short (max 500 characters) summation of your article
Enter the main body of your article
Lock
+Comments (0)
+Citations (0)
+About
Enter comment

Select article text to quote
welcome text

First name   Last name 

Email

Skip