The hope, however peculiar it sounds, is that, just as leverage got finance into this mess, it can help get finance out again. The facility will deploy $9 of Fed loans for every dollar of TARP funds—the central bank can in effect print money at will. Encouragingly, hedge funds are itching to take advantage of the attractive financing terms. But dealing directly with them, and ensuring they do not game the system, will take regulators into uncharted territory.
基于1个网页-相关网页
应用推荐