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Public Funds Private Investors: Analysis of PPIP
(2009)
  • Steven Zakharyayev, Esq.
Abstract

In October of 2008, the U.S. Congress enacted The Emergency Economic Stabilization Act of 2008 (“EESA”) in response to the deterioration in the U.S. housing market and the subsequent illiquidity amongst U.S. financial institutions. The severity and scope of the financial crisis required unprecedented actions by the U.S. treasury to prevent further deterioration of the global economy. This included a $700 billion dollar investment of taxpayer funds to purchase troubled assets from financial institutions and subsequently improve the flow of credit throughout the U.S. economy.

Disciplines
Publication Date
Spring May 14, 2009
Citation Information
Steven Zakharyayev. "Public Funds Private Investors: Analysis of PPIP" (2009)
Available at: http://works.bepress.com/steven_zakharyayev/2/