After a frenzied weekend of haggling and posturing, the administration and Congress hacked out a 110 page document that will be voted on today in the House. Passage is by no means guaranteed. There were a few features thrown in to buy votes: curbs on exec pay and, most importantly, a mechanism to recover capital losses. But not everyone was appeased. Some Dems wanted more relief for individual mortgage holders. Some Republicans wanted a radical new approach that focused on insuring debts rather than buying them. But basically, when you get right down to it, this is an unprecedented bailout package, a massive government intervention for a politically charged industry. It's so easy to portray this as a fat cat bill. We'll see if it can get past the House.

For more:
- here's the article