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Trading Now

Tuesday, March 3, 2009

BREAKING NEWS

as being reported by Bloomberg
Fed says TALF program will begin on March 25
Talf aims to catalyze securitization mkts
ABS backed by various equipment leases



Sorry, they spoke so fast I couldn't get it all. I will post more as it becomes clearer.

2 comments:

  1. And this is going to help the economy how??? Aside from generating fees for those who generate/rate/manage these securities. Seems to me any "extra" money banks get from this will still be used to shore up the toxic crap on their books.

    ReplyDelete

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