Thursday, October 02, 2008
Senate Passes Emergency Economic Stabilization Act
Yesterday the U.S. Senate passed the Emergency Economic Stabilization Act of 2008. You can find the full-text of the latest version of this bill on the website of the U.S. Senate Committee on Banking, Housing, and Urban Affairs. This web page also contains a one page summary and a section by section analysis. For further commentary see: Senate passes bailout [CNN article]; Congress Struggles With Wall Street Bailout [NPR web page with several good articles]; and The Bailout: An Owner's Manual [Great Explanation from Forbes.com].
October 8: See the full-text of the law at gpoaccess.gov: H. R. 1424
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October 8: See the full-text of the law at gpoaccess.gov: H. R. 1424
Labels: banking law, congress, economy
Tuesday, January 15, 2008
Diverging Interest Rate Policies?
For a look at the startling differences between the Fed's current policy of cutting interest rates and the European Central Bank's consideration of raising interest rates, see yesterday's article in Central Banker. A recent New York Times article also looked at the different approaches, discussing whether it is realistic or possible for Europe to "decouple" its economy from the United States.
Source: Banking Law Professor Blog
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Source: Banking Law Professor Blog
Labels: banking law, Federal Reserve
Monday, November 19, 2007
New Protections Against Identity Theft
Also worth checking out-- the Final Rules relating to Identity Theft Red Flags, recently published in the Federal Register. Requiring financial instututions and creditors to set up identity theft protection programs, the rules were adopted under the Fair and Accurate Credit Transactions Act (FACTA). And don’t miss IDTheft.gov—a one stop resource for government information about identity theft.
Source: Banking Law Prof Blog
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Source: Banking Law Prof Blog
Labels: banking law, identity theft
