- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Very big PPP development—FED will buy the loans
Posted on 4/6/20 at 9:50 pm to ImaObserver
Posted on 4/6/20 at 9:50 pm to ImaObserver
Goalposts were moved.
Posted on 4/6/20 at 9:58 pm to Tigers0891
Point to a single post I have made supporting communist China. If you can’t then quit flaming my threads.
Posted on 4/6/20 at 10:03 pm to I B Freeman
I don’t pretend to understand all these lending rules. But I suspect that banks and big businesses are going to net a whole shitpot more of this boondoggle than the $1,200 most of us will get.
Posted on 4/7/20 at 12:17 am to I B Freeman
You’re a lackey for them. Your entire agenda is bitching about Trumps handling of a third world shithole because it bothers your pocketbook a little. Sorry the communists getting their rightful hate bothers you so much.
Posted on 4/7/20 at 12:33 am to I B Freeman
“Will” or “mighty” or “can”?
I saw they could, but nothing saying they will.
I saw they could, but nothing saying they will.
Posted on 4/7/20 at 5:04 am to I B Freeman
Love those yield spread premiums.
Posted on 4/7/20 at 6:06 am to MDB
quote:Well considering a ton of companies stroke checks every two weeks, in excess of $1200 to individual employees, I would hope so!
I don’t pretend to understand all these lending rules. But I suspect that banks and big businesses are going to net a whole shitpot more of this boondoggle than the $1,200 most of us will get.
Posted on 4/7/20 at 7:04 am to I B Freeman
quote:
This is huge for lenders like Wells Fargo. They can make the loans and then sell them to the Federal Reserve freeing up their lending capacity. Just announced this evening.
Good. The whole thought that you could just throw this whole program on banks balance sheets without any issues potentially seizing up other lending was asinine. Especially at a time in which line of credit usage has skyrocketed in the corporate lending world, already stressing ratios a bit.
Combine that with the govt. punting all the fraud risk onto the banks and absolving themselves but providing their typical clear as mud guidance and requesting extremely fast turnaround with very limited underwriting and I can why some banks slow played this despite the negative PR.
Posted on 4/7/20 at 7:38 am to I B Freeman
Sounds great!...for the banks.
Popular
Back to top
Follow TigerDroppings for LSU Football News