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Grant Thornton LLP Launches Economic Crisis Resource Center to Help Companies Find Opportunities Created By the Bailout

Posted on: Monday, 20 October 2008, 09:00 CDT

Grant Thornton LLP today launched the Economic Crisis Resource Center to help companies find opportunities created by the bailout. The Emergency Economic Stabilization Act of 2008 gives the Treasury authority to purchase up to $700 billion of troubled assets. This program, designed to boost liquidity and confidence in U.S. capital markets, may provide a number of opportunities for current holders of troubled assets and for those looking to acquire some of those assets.

Areas include:

-- Corporate advisory and restructuring services

-- Corporate finance

-- Forensic accounting, fraud and investigations

-- Valuations

-- Litigation and dispute consulting

-- Forensic technology services

-- Transaction advisory services

-- Internal controls testing

-- SAS 70

-- Tax planning and considerations

Visit the site at www.GrantThornton.com/EconCrisis.

To obtain a copy of Grant Thornton's The Credit Crunch: a Practical Guide, which explores the causes of the financial crisis and provides practical advice on how to instill rigor and discipline to business practices, please visit www.GrantThornton.com/crunch.

About Grant Thornton LLP

The people in the independent firms of Grant Thornton International Ltd provide personalized attention and the highest quality service to public and private clients in more than 100 countries. Grant Thornton LLP is the U.S. member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. Grant Thornton International Ltd and its member firms are not a worldwide partnership, as each member firm is a separate and distinct legal entity.

In the U.S., visit Grant Thornton LLP at www.GrantThornton.com.

Source: Business Wire

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