Neel Kashkari

Bush Signs 00B Bank Bailout with Minimal Oversight

| Importance: 9/10

President Bush signed the Emergency Economic Stabilization Act authorizing 00 billion in bank bailouts with initially minimal oversight. Treasury Secretary Henry Paulson, former Goldman Sachs CEO, originally sought exemption from ‘review by any court of law or administrative agency.’ The …

George W. Bush Henry Paulson Goldman Sachs Citigroup Bank of America +2 more bank-bailout tarp paulson goldman-sachs wall-street +2 more
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