ABA Section of Business Law
eSource
Banks in Crisis—Are the Government Safety Nets Working?
- After the Bear Stearns bailout, unprecedented liquidity shortages and asset write-downs at commercial and investment banks, pressures to raise capital and worries about what's ahead, this program addresses whether the federal safety nets are adequate, and how they work - the Federal Reserve, FDIC, housing GSEs and others. What are the benefits and risks of using these facilities and how can they be deployed most effectively? How are regulators approaching the current crisis? What should officers, directors and company counsel be thinking about?
