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 Address Financial 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 by answering frequently asked questions. http://www.law.umaryland.edu/marshall/crsreports/crsdocuments/RS22957_09222008.pdf 

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Joan Stepsen
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