Imagining government out of the garage, out of our pockets, and out of the road business.
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].
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