Thursday, December 2, 2010

"Helicopter" Bernanke could now be dubbed "Car" or "Hog" Bernanke

Amongst the Federal Reserve's data dump yesterday about its 2008-2009 emergency "aid," we learned that:
Chrysler, GM, AIG, GMAC and GE were among non-banking companies that tapped the CPFF. Only GE averted going kerplunk.  [CPFF = Commercial Paper Funding Facility; from WSJ.]
Harley-Davidson and Toyota also benefitted [WaPo].

Here is the sickening spreadsheet, courtesy of the Fed.

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