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Alphabet soup sometimes spells help (access required)

by Rebecca Tonn

Published: July 10,2009

Time posted: 9:54 am

Tags: Banking and Finance, recession

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Because of the recession and multiple bailouts, acronyms have been bandied about like cotton candy at the county fair. But there are so many new programs that it can be confusing to consumers on Main Street. Two of the main programs have similar-sounding acronyms, but are administered by different federal agencies. The Term Asset-Backed Securities Loan Facility, or ...





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