Janet Yellen's Speech to the NABE

Story date: 2007-09-10 08:05:00
Added on: 2007-09-10 08:51:26

CNBC - ... get short-term funding is illiquid as well, namely, the market for asset-backed commercial paper—short-term business loans that are secured by other assets, often mortgages.  With liquidity problems in the markets in which many mortgage companies ...


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