Friday, September 26, 2008

The Bailout's Paper Trickle

We've been treated to an avalanche of talk, but there's been precious little paper memorializing the proposed bailout. A few things have appeared in the last couple of days. Hopefully this means that a resolution is close behind?

Yesterday afternoon the Senate Banking Committee circulated a one-page, bipartisan document called "Agreement on Principles." The Treasury has been showing its proposed bill since last week. The latest iteration even has a title: The Troubled Asset Relief Act of 2008 (via Corporate Counsel).

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