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For your information, you can find below the description of the video Bush Signs Laws With $700B Bailout | On This Day published by the Youtube channel Bloomberg Television:
October 3rd, 2008, That was the day President George W Bush signed the Emergency Economic Stabilization Act, a sweeping piece of legislation designed to inject capital into a reeling U.S. financial system. Now, the legislation's centerpiece was the $700 billion Troubled Asset Relief Program TARP, that used taxpayer money to hoover up billions of toxic debt held by banks.
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