Statute
Troubled Asset Relief Program
19 published works
Cleary Enforcement Watch
Government Moves to Voluntarily Dismiss Remaining Charge Against Jesse Litvak, Foregoing a Third Trial
By Joon H. Kim, Jennifer Kennedy Park, Nowell D. Bamberger, Alex Janghorbani
The long-running criminal case against Jesse Litvak seems to have come to an end, with the U.S. Attorney’s Office for the District of Connecticut filing a motion yesterday seeking voluntary…
Cleary Enforcement Watch
Second Circuit Again Reverses Fraud Conviction of RMBS Trader Litvak
By Robin M. Bergen, Joon H. Kim, Rishi N. Zutshi, Nowell D. Bamberger, Alex Janghorbani
On May 3, the Second Circuit vacated on evidentiary grounds Jesse Litvak’s conviction – after a second trial – on a single count of securities fraud related to trades of…
Securities Law Prof Blog
Treasury Again Approves Excessive Pay for Execs at Bailed-Out Companies
The Special Inspector General for the TARP Program released a report, Treasury Continues Approving Excessive Pay for Top Executives at Bailed-Out Companies (Download 2013_SIGTARP_Bailout_Pay_Report[1]). The title essentially says it all,…
Crunched Credit
Back to the Future: ASF Conference 2012 Returns to Las Vegas
The American Securitization Forum (ASF) Conference returned to Las Vegas on Sunday after short stints in DC and Orlando. As you may recall, the Conference’s last hurrah in Vegas in…
PropertyProf Blog
COP Hearing on Commercial Real Estate and Banks
By propertyprof
The Congressional Oversight Panel will be holding a hearing tomorrow, February 4th at 10:00 a.m. in room 538 of the Dirksen Senate Office Building to "examine the current state of…
Securities Law Prof Blog
Taxpayers Get $11.7 Billion from GM IPO
The U.S. Department of the Treasury announced that with the delivery of $11.7 billion in proceeds from the initial public offering of General Motors (GM), the total amount of Troubled Asset Relief…
Securities Law Prof Blog
Treasury Provides Update on AIG Restructuring, U.S. to Own 92% of AIG
The U.S. Department of the Treasury provided an update on the previously announced restructuring of the United States Government's (USG) loans to and investments in American International Group, Inc. (AIG), following…
Corporate and Securities Law
What Does a Say-On Pay Vote Look Like?
Securities Law Prof Blog
GM Repays $4.7 Billion TARP Debt
The U.S. Department of the Treasury today announced that General Motors (GM) has fully repaid its debt under the Troubled Asset Relief Program (TARP). GM paid the remaining $4.7 billion…
Securities Law Prof Blog
Financial Stability One Year Later
FINANCIAL STABILITY PLAN - ONE YEAR LATER FEBRUARY 10, 2010 (from the Treasury Secretary):“It was one year ago today that the Obama Administration outlined a Financial Stability Plan to address…