3 ms·
What about TARP's big brother, TALF (at least $1 trillion)? We don't even know where most of the money has been spent. http://en.wikipedia.org/wiki/TALF http:/
by apu 14y ago
What about TARP's big brother, TALF (at least $1 trillion)? We don't even know where most of the money has been spent.
http://en.wikipedia.org/wiki/TALF http://en.wikipedia.org/wiki/TALF
"The way TALF loans were set up, 100 percent of any profit is retained by the borrower, but the Fed and the Treasury absorb any losses."