UPDATE 1-Fed lending program not for insolvent oil drillers, Kaplan says
Insolvent or overly
leveraged firms, including oil drillers and oil services firms,
won’t be able to tap the U.S. central bank’s “Main Street”
emergency lending program, Dallas Federal Reserve President
Robert Kaplan said on Wednesday.
leveraged firms, including oil drillers and oil services firms,
won’t be able to tap the U.S. central bank’s “Main Street”
emergency lending program, Dallas Federal Reserve President
Robert Kaplan said on Wednesday.
Posted by Reuters
