Saturday, December 4, 2010

BMW, Harley-Davidson among those that tapped Federal Reserve for billions during crisis

The U.S. government's Commercial Paper Funding Facility was established towards the tail-end of 2008. The CPFF was created to offer companies short-terms loan when traditional means of establishing credit were crumbling. Lehman Brothers had collapsed and AIG was taking expensive trips while showing the...

Source: http://www.roadst3r.com/clusters/bmw-harley-davidson-among-those-tapped-federal-reserve-for-billions-dur/

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