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Period: to
Chairman: Alan Greenspan
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Period: to
Chairman: Ben Bernanke
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Geithner attends a dinner party at Kissinger's apartment
Geithner attends a dinner party at Kissinger's apartment on the East River, where he assures guests that "We have the ability to impose a solution. We're the United States." ---Stress Test, p. 219 -
House rejects TARP
The US House of Representatives votes down TARP, 228-205. Most Democrats supported it, but two-thirds of Republicans voted no. The stock market plunged nearly 9%, wiping out $1tr in wealth. ---Stress Test, p. 221 -
TARP passes Senate
Tweaked TARP bill passes Senate, 74-25 -
TARP passes House, signed by President
Tweaked TARP bill passes house and is signed into law by George W. Bush.