US Treasury Dept hires custodian under the Emergency Economic Stabilization Act
By Lok News Bureau • Oct 14th, 2008 • Category: BusinessWashington- The U.S. Treasury Department announced that Bank of New York Mellon will serve as its custodian for the implementation of the Troubled Asset Relief Program authorized under the Emergency Economic Stabilization Act. Treasury hired the New York City-based firm Monday and work began immediately to help the Department with custodial, accounting, auction management and [...]
