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Past Event
12 February 2009

Treasury's Revised Financial Rescue Plan Under TARP and Update on the Term Asset Backed Securities Loan Facility (TALF)

On Tuesday, US Treasury Secretary Geithner is expected to announce a multi-pronged approach to address the continuing financial crisis. Treasury's revised rescue plan coupled with the Federal Reserve Board's changes to the Term Asset Backed Securities Loan Facility (TALF) and the initial report to Congress by the Special Inspector General (SIG) for TARP will directly or indirectly impact various US businesses and industries.

Please join us for a 30-minute teleconference, the next in our continuing series on the financial crisis, in which we will address such questions as:

  • What is Treasury's revised financial rescue plan and how will it impact your business or industry?
  • What new programs can be expected in the coming months to carry out the new plan?
  • What are the significant changes to the TALF program and how might this program change in the future?
  • How might the SIG TARP report and Congressional Oversight Panel change TARP and future rescue programs?

Mayer Brown's Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm's global resources from multiple practices and offices, the Initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.

Visit Mayer Brown's Financial Market Distress - Resources site for a compilation of links to the latest documents issued by regulatory and other governmental agencies worldwide, and additional commentary by Mayer Brown. Please bookmark it and check back often to stay informed on this rapidly evolving situation.

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