TALF Is Back!!

TALF Is Back!!

Is it 2008 Redux? This is about selling secuterized assets (loans) to the Fed. Term Asset Backed Securities Loan Facility (TALF)

What is the Other assets?

Basically zero percent loan backed by assets.

Will it be similar to 2008 or different? 2008 was about Collateralized Mortgage Bond Securities (CMBS) mostly and Colleteralized Debt Obligations (CDO).

I sure hope it is NOT Bitcoin and other block chain digital currencies this time around.

So what is it?

 

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