During the class lecture we learned that the U.S. commercial paper market collapsed during the 2008 Financial Crisis. --- Commercial paper are simply unsecured notes that large corporations sell to investors. This is a common method that large firms use to raise quick cash without having to make a formal bank loan application. During 2008-2009, the Federal Reserve Bank was forced to enter into this marketplace to buy commercial paper in order to prevent the crisis from getting worse. (Free Gift: Mark True - This Is True
During the class lecture we learned that the U.S. commercial paper market collapsed during the 2008 Financial Crisis. --- Commercial paper are simply unsecured notes that large corporations sell to investors. This is a common method that large firms use to raise quick cash without having to make a formal bank loan application. During 2008-2009, the Federal Reserve Bank was forced to enter into this marketplace to buy commercial paper in order to prevent the crisis from getting worse. (Free Gift: Mark True - This Is True
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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During the class lecture we learned that the U.S. commercial paper market collapsed during the 2008 Financial Crisis. --- Commercial paper are simply unsecured notes that large corporations sell to investors. This is a common method that large firms use to raise quick cash without having to make a formal bank loan application. During 2008-2009, the Federal Reserve Bank was forced to enter into this marketplace to buy commercial paper in order to prevent the crisis from getting worse. (Free Gift: Mark True - This Is True - Gee Thanks Mr. Torres !) True or False True False
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