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TALF --- A Win-Win by Offering Asset-Backed Securities Both Additional Funding and Investment Opportunities? |
March 16, 2009
Previously published on February 2009
On February 10, 2009, the Treasury Department announced an expansion of the Term Asset-Backed Securities Loan Facility (TALF) to provide up to $1 trillion of financing for asset-backed securities (ABS) backed by consumer and small business credits.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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