Going through this stuff really takes me back. During the 2008 bailouts, when voters were calling in 99/1 against, it was the year I realized our government was filled with traitors. Many will be tried and punished soon.
EDIT: And I bet you can safely assume, that any company with the term "TALF" in their company name fully intended to default on the given loan.
Thanks! For folks who want the direct source on this, try:
https://www.federalreserve.gov/newsevents/reform_talf.htm
And therein:
https://www.federalreserve.gov/newsevents/files/talf.xls
The borrower is Rosemont TALF SPV, LLC
Going through this stuff really takes me back. During the 2008 bailouts, when voters were calling in 99/1 against, it was the year I realized our government was filled with traitors. Many will be tried and punished soon.
EDIT: And I bet you can safely assume, that any company with the term "TALF" in their company name fully intended to default on the given loan.