Tuesday, October 7, 2008

What Is Commercial Paper And Why Is The Federal Reserve Suddenly Buying It?

What Is Commercial Paper And Why Is The Federal Reserve Suddenly Buying It?

@Snarkysnake: EXACTLY. A crash in commercial paper would have the most direct consequences for many of us. Just imagine companies like Starbucks or McDonalds suddenly unable to pay their employees. A lot of companies with tight margins operate (briefly) in the red while buying up food and fuel.

HRHKingFridayXX


No comments: