Federal Government, Thacher Proffitt & Wood, Wall Street

Treasury Hires Thacher To Help Out With TARP

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Because TPW knows a thing or two about crisis and rescue plans.

Seriously, though, it’s a good sign for the firm, even if it may not be a lucrative engagement — the Treasury press release reports that “total cost for the firm’s services is not expected to exceed approximately $500,000.” It raises the possibility that rumors of the firm’s demise are greatly — well, maybe not greatly, but somewhat — exaggerated.

Treasury Hires Legal Firm Under the Emergency Economic Stabilization Act

[U.S. Department of the Treasury (press release)]

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