S.Amdt. 3802Senate111th Congress (2009-2011)2nd degree
S.Amdt. 3802
Sponsored by
Sen. Bob Corker (R-TN)
Submitted May 4, 2010
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Senate amendment submitted
May 4, 2010
Text
Submitted
SA 3802. Mr. CORKER submitted an amendment intended to be proposed to amendment SA 3739 proposed by Mr. Reid (for Mr. Dodd (for himself and Mrs. Lincoln)) to the bill S. 3217, to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ``too big to fail'', to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes; which was ordered to lie on the table; as follows: On page 124, line 9, insert after the semicolon, ``and'' ``(ii) whether amendments should be made to the Bankruptcy Code, the Federal Deposit Insurance Act, and other insolvency laws to enhance their effectiveness in liquidating and reorganizing financial companies, including whether provisions relating to qualified financial contracts should be modified.'' ______