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Let the Bailout Begin

October 14, 2008 - by Donny Shaw

Sent this morning:

>October 14, 2008
>Dear Madam Speaker: (Dear Mr. President:)
>Pursuant to section 115(a)(2) of the Emergency Economic Stabilization Act of 2008 (Public Law 110-343)(the “Act”), I hereby certify that it is necessary for the Secretary of the Treasury to exercise the authority granted under the Act to purchase, or commit to purchase, troubled assets up to the limit of $350 billion outstanding at any one time.

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