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The Economic Bailout: An Analysis of the Economic Emergency Stabilization Act

The Economic Bailout: An Analysis of the Economic Emergency Stabilization Act, Katalina M. Bianco, J.D., John M. Pachkowski, J.D., CCH – Wolters Kluwer Law & Business

  • “The current credit crisis, which led to the enactment of the EESA, has its deepest roots in the subprime mortgage crisis, known in the popular media as the “mortgage meltdown,” that came into prominence in 2007. While many experts originally believed that the mortgage crisis would be contained within the mortgage industry, few at that time predicted its vast reach into the financial markets.”
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