S.Amdt. 3802Senate111th Congress (2009-2011)2nd degree

S.Amdt. 3802

Sponsored by Bob CorkerSen. 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.''
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