The Spectacle Blog
The basic structure:
Bailout bill would approve $700 billion fund, but
would pay in installments, with $250 billion available immediately.
Limits on "golden parachutes" and use of warrants would apply to
all companies. Changes to bankruptcy laws still unresolved.
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http://spectator.org/blog/2008/09/25/wsj-bailout-agreement-reached
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