CORPORATE COUNSEL CENTER
Welcome! FindLaw's Corporate Counsel Center is a resource for legal departments that will help corporate attorneys keep up to date with legal developments in their industry. Here you will find news and legal articles relevant to your business, as well as sample contracts spanning a wide variety of practice areas.
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Corporate Counsel News
Administration ponders ownership stakes in banks
(AP) - The Bush administration is considering taking part ownership in certain U.S. banks as an option for dealing with a severe global credit crisis.
An administration official, who spoke on condition of anonymity because no decision has been made, said the $700 billion rescue package passed by Congress last week allows the Treasury Department to inject fresh capital into financial institutions and get ownership shares in return.
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