TARP Troubled Asset Relief Program

**chris** · #1 ● 09-29-2008, 11:36 AM

This is the first draft of the Troubled Asset Relief Program that is supposed to bail out the financial market here in the states.

Nyckname · #2 ● 09-29-2008, 12:29 PM

I'm listening to podcasts right now. It sounds like the Democrats caved on allowing bankruptcy judges to order renegotiation of mortgages and isn't limiting executive compensation as much as I'd hoped.

**chris** · #3 ● 09-29-2008, 01:31 PM

There is a lot of buzz right now about the so called section 8 which is supposed to say

section 8
Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

Yet I can't find it in here.

**chris** · #4 ● 09-29-2008, 04:00 PM

Looks like it failed to pass today, stock market took a 200 point dive already.

Nyckname · #5 ● 09-29-2008, 06:03 PM

I trust the irony of Section 8 hasn't been lost on anyone.

And the subject line was brought to us by the Federal Acronym Registration Team.

**chris** · #6 ● 09-30-2008, 11:45 PM

Gotta love FART

annmarie · #7 ● 10-13-2009, 08:56 PM

TARP Troubled Asset Relief Program

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