http://www.creditwritedowns.com/2009/03/kasriel-says-that-fed-could-get-stuffed-under-talf.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 http://www.creditwritedowns.com/2009/03/kasriel-says-that-fed-could-get-stuffed-under-talf.html#comment-4177 P_Patel Thu, 05 Mar 2009 03:10:08 +0000 http://www.creditwritedowns.com/?p=6625#comment-4177 "that we get stuffed holding these assets" This is not going to happen. Anyone trying fradulently to pass less than AAA asset class will be in jail for "conspiracy to commit fraud on U.S. govt." if Treasury has to take a hit. That is 15 yrs. jail time. One would be taking a less risk in robing the bank(5 yrs.), where FDIC fund takes the loss and not the govt. “that we get stuffed holding these assets”
This is not going to happen.
Anyone trying fradulently to pass less than AAA asset class will be in jail for “conspiracy to commit fraud on U.S. govt.” if Treasury has to take a hit.
That is 15 yrs. jail time.
One would be taking a less risk in robing the bank(5 yrs.), where FDIC fund takes the loss and not the govt.

]]> http://www.creditwritedowns.com/2009/03/kasriel-says-that-fed-could-get-stuffed-under-talf.html#comment-4175 Blick Log » Presseschau: Die Blicke in die Wirtschaft am 5. März 2009 Wed, 04 Mar 2009 23:56:55 +0000 http://www.creditwritedowns.com/?p=6625#comment-4175 [...] CWD: Kasriel says that Fed could get stuffed under TALF [...] [...] CWD: Kasriel says that Fed could get stuffed under TALF [...]

]]> http://www.creditwritedowns.com/2009/03/kasriel-says-that-fed-could-get-stuffed-under-talf.html#comment-4174 Blick Log » Presseschau: Die Blicke in die Wirtschaft am 5. März 2009 Wed, 04 Mar 2009 23:56:17 +0000 http://www.creditwritedowns.com/?p=6625#comment-4174 [...] CWD: Kasriel says that Fed could get stuffed under TALF [...] [...] CWD: Kasriel says that Fed could get stuffed under TALF [...]

]]> http://www.creditwritedowns.com/2009/03/kasriel-says-that-fed-could-get-stuffed-under-talf.html#comment-4173 john haskell Wed, 04 Mar 2009 23:07:07 +0000 http://www.creditwritedowns.com/?p=6625#comment-4173 so- TALF will get the credit markets going again, we are at or near the bottom of the recession and the FRBNY will get stuffed because investors will use TALF to finance purchase of assets which will rapidly appreciate if the first two phrases are true. WTF?! so- TALF will get the credit markets going again, we are at or near the bottom of the recession and the FRBNY will get stuffed because investors will use TALF to finance purchase of assets which will rapidly appreciate if the first two phrases are true. WTF?!

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