Private Equity Firm Pushes for Broader Access to Fed Lending Program
Apollo has led a push to expand a program intended to keep loans flowing to small businesses and households by allowing for more kinds of assets to be offered as collateral.
Lisa Abramowicz
333d ago
Private-equity firms are lobbying the Fed to essentially provide more support for lower-rated investment grade debt & real estate. They also argue that Congress’ $2 trillion rescue package “is severely underestimating the size of the required response.”
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