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TALF --- A Win-Win by Offering Asset-Backed Securities Both Additional Funding and Investment Opportunities?


by Jonathan I. Lessner View Biography
Greenberg Traurig, LLP View Firm Credentials
Wilmington Office

Mark I. Michigan View Biography
Greenberg Traurig, LLP View Firm Credentials
New York Office

Michael B. Thimmig View Biography
Greenberg Traurig, LLP View Firm Credentials
Dallas Office

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.


 

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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