$700 Billion Bailout

This is just a little of what is in the $700 billion bailout of Wall Street.

"New and improved
Lawmakers demanded numerous changes to the Treasury Department's original, three-page proposal, including limits on how much executives may be paid if their firms sell assets to the government. Congress also added an oversight board to supervise the program, raised the cap on Federal Deposit Insurance Corp. account coverage from $100,000 to $250,000, and required steps to help homeowners avoid foreclosure.
Sweeteners added an estimated $150 billion in costs, including a provision that shields 24 million taxpayers from the alternative minimum tax. The new law also has tax relief provisions for disaster victims; research and development tax credits; a hybrid car tax credit; and tax breaks for teachers who spend their own money on school supplies.1"

Source:
http://www.latimes.com/news/printedition/front/la-fi-bailout4-2008oct04,0,6267511.story