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RonnieD

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RonnieD

Re: daiello post# 45016

Wednesday, 04/22/2009 10:15:42 PM

Wednesday, April 22, 2009 10:15:42 PM

Post# of 72997
In the initial phase, the Treasury will provide $20 billion and the Fed will provide $180 billion. Treasury Secretary Timothy F. Geithner said last week that the Treasury could increase its commitment to $100 billion to allow the Fed to lend up to $1 trillion.
http://www.nytimes.com/2009/02/20/business/20lend.html?fta=y

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