Posted by
Toddy Littman on Wednesday, February 11, 2009 1:00:00 PM
Welcome to TARP as it is intended, or at least that is the story:
"Treasury Secretary Timothy Geithner announced plans that would make
available $3 trillion dollars to the student, commercial mortgage,
credit cards, SBA and auto loan securitization markets. This is part of
Geithner speech to outline the use of the rest of the $350 billion
Troubled Asset Relief Program (TARP) money."
Opening paragraph of the story here:
http://www.structuredfinancenews.com/news/190065-1.html
No need for commentary for this one, hahaha