President's Working Group on Financial Markets documents

The President’s Working Group on Financial Markets met at 8:30 AM today to announce the specifics of the new policy actions described by the President in the Rose Garden earlier this morning.

This note is just a collection of primary source documents from today’s announcement. Generalists will likely be interested in the first six documents, as well as #10. The other documents will be of interest primarily to financial experts.

Here you will find:

1. The President’s remarks in the Rose Garden this morning
2. A joint statement by Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke, and FDIC Chairman Sheila Bair
3. A summary document that describes the package as a whole
4. Statement by Treasury Secretary Henry Paulson
5. Statement by Federal Reserve Chairman Ben Bernanke
6. Statement by FDIC Chairman Sheila Bair

Treasury documents

1. Capital Purchase program description
2. Capital Purchase program term sheet
3. Executive Compensation rules
4. Speech by Interim Assistant Secretary for Financial Stability Neel Kashkari on Implementation of the Economic Stabilization Act (delivered Monday 13 October)

FDIC documents

1. FDIC press release

Fed documents

1. Commercial Paper Funding Facility press release
2. Commercial Paper Funding Facility: Program Terms and Conditions
3. Commercial Paper Funding Facility: Frequently Asked Questions