Bloomberg has details.
Calls for equity stake in the companies in exchange for bad debt and a five person oversight committee. Curbs on executive compensation.
Text of Dodd proposal from Politico.
This entry was posted on Monday, September 22nd, 2008 at 1:28 pm and is filed under 08 Election, Bush, Business, Congress, Finance, Government, Law, Money, Politics, Tax, The Economy, The Fed, Wall Street. You can follow any responses to this entry through the RSS 2.0 feed.
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