Tuesday, March 3, 2009
ACRONYM MANIA?
The government set up another acronym today. First it was TARP (Troubled Asset Relief Fund) now there is TALF (Term Asset-Backed Security Loan Facility) The goal is to encourage lending and the sale of asset backed securities for credit cards, auto and small business loans. It should also help with car leases and commercial lending.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment