MeltDown #40 EMERGENCY ECONOMIC STABILIZATION

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H.R. 1424 Emergency Economic Stabilization Act of 2008 http://thomas.loc.gov/cgi-bin/query/C?c110:./temp/~c110JIik9X exercise, or surrender of warrants or senior debt instruments acquired under section 113 shall be paid into the general fund of the Treasury for reduction of the public debt. (e) Application of Sunset to Troubled Assets- The authority of the Secretary to hold any troubled asset purchased under this Act before the termination date in section 120, or to purchase or fund the purchase of a troubled asset under a commitment entered into before the termination date in section 120, is not subject to the provisions of section 120. SEC. 107. CONTRACTING PROCEDURES. (a) Streamlined Process- For purposes of this Act, the Secretary may waive specific provisions

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Uploaded: October 15th, 2008 @ 8:38 pm
Author: h4ck3rm1k3

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