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TALF --- A Win-Win by Offering Asset-Backed Securities Both Additional Funding and Investment Opportunities? by Jonathan I. Lessner
Greenberg Traurig, LLP - Wilmington Office
Mark I. Michigan
Greenberg Traurig, LLP - New York Office
Michael B. Thimmig
Greenberg Traurig, LLP - Dallas Office
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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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