Word: feds
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...down the supply chain. Shortly before Christmas, the Federal Reserve Board quietly provided $200 million of support aimed specifically at auto dealers, who have had a difficult time financing their inventories - forcing some of them out of business. The support is being administered through the Fed's Term Asset Backed Securities Loan Facility or TALF, which was created this past autumn to encourage banks to start lending again. To further help the dealers, the Fed eased the eligibility requirements so that inventory financing (and there's plenty of inventory to finance) now qualifies as an "asset" that can be packaged...
...governments of the U.S. and E.U. are faced with another act of "the great bank salvation." This time around it is not clear what the Fed and Treasury will get for their capital. They already hold equity in all of the large financial firms due to recent investment from the TARP. What faces the system now is whether the federal government will end up with de facto control of the private banking system...
...good time is usually had by all - except when the global financial markets are sending out warnings of extreme stress to come. By August 2007, the storm known as the subprime crisis had been gathering for much of the year, and inside the Fed, Timothy F. Geithner, president of the New York Federal Reserve Bank and a vice chairman of the Federal Open Market Committee (which sets interest-rate policy), had quietly been raising red flags among his colleagues. Earlier that month, the European Central Bank had startled traders by pumping close to 100 billion euros into the short-term...
Many nutrients vital to fetal development, including omega-3s, are delivered during the third trimester, and when premature babies miss this critical period in utero, doctors believe they may need to make up for it through either the breast milk or formula they are fed after birth. Earlier studies have shown that about 1% of a baby's total third-trimester fatty-acid intake comes from omega-3s, but by comparison, only about 0.2% to 0.35% of the total fatty acids in breast milk and infant formulas come from omega-3s. So, it makes sense that supplementing preemies' diets with...
...Wofsy said. The third and fourth classes “can help you put the point data in context, so you have a tremendous amount of cross data between the various measurements.” The data the plane collects will be “fed into computer models” in order to help “put together the picture of where the carbon dioxide is coming from,” said Bob Henson, a science writer at the National Center for Atmospheric Research. The outputs of such models could potentially contribute to global discussions about the environment...