"The wording of it strongly suggests that it does [accept all AAA-rated bonds]. But, in terms of talking to...the New York and Washington Fed, it's kind of implied that there's a greater level of scrutiny." ­

02 Apr 2009

-- ­ Rick Jones, partner at Dechert, on outstanding questions on what assets the Term Asset-Backed Securities Loan Facility will accept.

"The wording of it strongly suggests that it does [accept all AAA-rated bonds]. But, in terms of talking to...the New York and Washington Fed, it's kind of implied that there's a greater level of scrutiny." --­ Rick Jones, partner at Dechert, on outstanding questions on what assets the ...

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