World News Insights
1-3 Minute Gist

All Topics Group

Fine Print in the $700 billion bailout plan and the wide authority to interpret

10/12/2008

The fine print in the $700 billon bailout plan passed by Congress says that Treasury can buy "any instrument" giving it wide authority to interpret as necessary to tackle the financial crisis. Alan Blinder a former Fed vice chairman takes a look at it.

Grouped Articles

Got $700 Billion? Sweat the Details

New York Times 10.12.2008

Loans Shrink as Fear Lingers

Wall Street Journal 07.27.2009

A Year After a Cataclysm, Little Change on Wall St.

New York Times 09.12.2009

Bill Shields Most Banks From Review

New York Times 10.16.2009

Bank-Bailout Lessons

Wall Street Journal 06.01.2012


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us