The Dodd Bailout Plan

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.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: