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Showing 1 - 6 of 6 results for "TALF"

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... with Treasury to cover $30 billion in losses (statement). Reintroduced the Term Asset-Backed Securities Lending Facility (TALF) to support consumer and business credit markets, plans for two lending facilities to support corporate markets." These after ...

Impasse ends when Wall Street says stop

BENJAMIN ONG  |  FRIDAY, 4 OCT 2013

Acronyms pull down USD

BENJAMIN ONG  |  THURSDAY, 21 MAY 2009
... Federal Reserve would continue to accept new forms of securities as collateral for its Term Asset-backed Lending Facility (TALF). However, the flipside of all these billion dollars worth of acronyms - PPIP, TARP, TALF - is a decline in another, the USD. ...

Rated AAA

BENJAMIN ONG  |  MONDAY, 27 APR 2009
... Federal Reserve would not accept any collateral for its stimulus lending programmes such as the Term Asset Lending Facility (TALF) unless rated by these big names. How lucky! They not only got away with less bruises from the whacking stick of the global ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
... and swiftly to arrest this downward spiral, every American will benefit.' If the TARP (Troubled Assets Relief Program), the TALF (Term Asset-Backed Securities Loan Facility), and the recently signed FSP (Financial Stability Plan) - renamed ARRA (American ...

No meat

BENJAMIN ONG  |  WEDNESDAY, 11 FEB 2009
... trillion and will be used for buying toxic assets and the expansion of the Fed's Term Asset-Backed Securities Loan Facility (TALF) to up to US$1 trillion from US$200 billion previously. The TALF was designed to underwrite financing for consumer loans ...
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