Timely Reports on the Financial Crisis via the Congressional Research Service

The Cost of Financial Interventions, Past and Present attempts to answer questions about the recent financial interventions by the government in the business of private corporations. http://www.law.umaryland.edu/marshall/crsreports/crsdocuments/RS22965_09232008.pdf

The proposal to Allow Treasury to Buy Mortgage-Related Assets to AddressFinancial Instability explains Treasury Secretary Paulsen's [draft of 9/21/2008] plan for legislative authorization to allow direct intervention in the economy. This report analyzes the proposals byanswering frequently asked questions. http://www.law.umaryland.edu/marshall/crsreports/crsdocuments/RS22957_09222008.pdf