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Emergency Economic Stabilization Act of 2008

Related Developments - An Employee Benefits Update
October 22, 2008

The Emergency Economic Stabilization Act of 2008 (EESA) became law on October 3, 2008.  Since then, there have been a number of unfolding stories connected with EESA and the broader set of initiatives undertaken by the U.S. Treasury, the Board of Governors of the Federal Reserve and the Federal Deposit Insurance Corporation to restore and stabilize the U.S. credit and financial markets.  While the focus of these initiatives is on rescuing the financial markets, a number of these developments affect employee benefit plans.