Treasury Releases Emergency Economic Stabilization Report

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January 2, 2009 Treasury Release:

Washington – Treasury today released the attached report, required by section 102 of the Emergency Economic Stabilization Act. As required by section 102(a), Treasury established the Asset Guarantee Program to provide guarantees for assets held by systemically significant financial institutions that face a high risk of losing market confidence due in large part to a portfolio of distressed or illiquid assets.

This program would be utilized as needed to improve market confidence in a systemically significant institution and in financial markets broadly and it is not anticipated that the program will be made widely available.

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May 24, 2009

annette lewis
10:48 am #

im in a third party program
that i pay 300dollars a month.but there taking a very long time.im behind in my mortgage 5 monthes,and now im scared,what should i do,im unemployed,my husband is the only one working,we are struggling.

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