This case describes the efforts of Ben Bernanke, Chairman of the Federal Reserve, to enhance liquidity in money markets during the disaster that is subprime.
The case clarifies the four principal new tools for monetary policy (or quantitative easing) the Federal Reserve has used between 2007 - 2009: the Period Auction Facility (TAF), the Primary Dealer Credit Facility (PDCF), the Term Securities Lending Facility (TSLF), and the Asset Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
PUBLICATION DATE: January 21, 2009 PRODUCT #: 709041-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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