Fed’s lending programs aren’t for insolvent oil drillers, Dallas Fed’s Kaplan says
Insolvent or overly
leveraged firms, including oil drillers and oil services firms,
won’t be able to tap the Federal Reserve’s emergency lending
program for “Main Street,” Dallas Federal Reserve Bank President
Robert Kaplan said Wednesday.
leveraged firms, including oil drillers and oil services firms,
won’t be able to tap the Federal Reserve’s emergency lending
program for “Main Street,” Dallas Federal Reserve Bank President
Robert Kaplan said Wednesday.
Posted by Reuters
