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The Emergency Economic Stabilization Act of 2008, also known as the "bank bailout of 2008" or the "Wall Street bailout", was a United States federal law enacted during the Great Recession, which created federal programs to "bail out" failing financial institutions and banks.
Nov 18, 2008 · One of the sharpest critics of an auto bailout, Republican Sen. Richard Shelby of Alabama, drilled into the CEOs about the outlook for their businesses and how they would use bailout...
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Sep 25, 2008 · The fate of a $700 billion Wall Street bailout remained unclear as a White House meeting of both parties ended without an agreement and some participants said talks had hit a major snag and may...
Dec 13, 2008 · Shelby has opposed the $700bn Wall Street bail-out and this week's car industry aid from the start. He dubbed the $14bn Detroit package a "bridge loan to nowhere", blanketing TV with...
Sep 23, 2008 · Senate Banking Committee Chairman Christopher Dodd (D-CT, left) and ranking Republican Sen. Richard Shelby (AL) were among the many lawmakers who raised objections to the bailout plan during...
Dec 11, 2008 · "It's not gonna pass right now," echoed Sen. Richard Shelby, R-Alabama, a fierce critic of the bill. Voinovich and Shelby spoke after Senate Republicans huddled behind closed doors in the...
Sep 25, 2008 · Republican leaders in Congress still haven’t persuaded Sen. Richard Shelby of Alabama, the ranking Republican on the Senate Banking Committee, to go along with the administration’s...
