The Credit Crisis Recovery Might Be in Trouble if TALF Program Expires
… to an article on Reuters , the recent recovery in the credit markets might be in trouble. The Federal Reserve is getting some of the credit for the rebound by helping the credit markets recover. One program that the Fed used to get credit flowing again is the Term Asset-Backed Securities Loan Facility, or TALF. Now, many people are concerned as to whether or not the credit markets will be able to stand on their own at the end of December, because that is when the program is set to …
Tags: Asset-backed security Federal Reserve System Financial services TALF Term Asset-Backed Securities Loan Facility



