US banking: What it will take for Talf to take off

By:
Helen Avery
Published on:

Two months in and only $6.4 billion in Talf loans from the $200 billion programme have been taken up. The number of investors lined up to participate is increasing and Ben Bernanke could end up with his $1trillion dream of Talf issuance and a revival of US consumer lending. Issuers need to get on board. But will they?