The bailout bill – section by section summary

For people who have the time or the need to get into the details of the proposed bailout package, this link provides a section by section summary of the bill. Given the size of the bill, something like this is the only way that most people will ever get a glimpse of the mechanism. This is provided as a community service without any attempt to provide any opinions or insights into the details.

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Chris Lloyd
16 years ago

Section 134 sound bizarre: in five years they propose to recoup from the “financial industry” all projected losses to the taxpayer. How the hell can they do that?