Discover and read the best of Twitter Threads about #hfc
Most recents (3)
Inquiry into the business case for the #NBN and the experiences of small businesses – Parliament of Australia - due 17/1 - working on submission - maximising the value of the nbn - comparing #aU to #OECD and top 10 trading partners aph.gov.au/Parliamentary_…
#nbn - where have we come from; where are we now; what is left to do; where are we going.... 1. where from 
Government, on August 13, issued a 'Scheme to provide a one-time partial credit guarantee to PSBs for purchase of pooled assets of financially sound NBFCs'. This scheme is a step in right direction towards solving the liquidity crunch that NBFCs are faced with. Thread (1/12)
It may be recalled that the Finance Minister, in her budget speech, had made an announcement to this effect. Thid scheme attempts to address temporary asset liability mismatches of NBFCs/HFCs so that they don't have to resort to distress sale owing to paucity of liquidity. 2/12
The major features of this scheme are:
A) It is a one time guarantee provided by GoI, for a period of 24 months.
B) The schemes is only applicable to PSU banks for first loss of up to 10%
C) Guarantee can be invoked if the credit rating of the pool goes to 'D' (default). 3/12
A) It is a one time guarantee provided by GoI, for a period of 24 months.
B) The schemes is only applicable to PSU banks for first loss of up to 10%
C) Guarantee can be invoked if the credit rating of the pool goes to 'D' (default). 3/12
When you see mention of the House Freedom Caucus and its hardcore conservatives like Meadows, remember their obstructionism:
"U.S. Rep. Mark Meadows helped engineer a federal government shutdown in 2013 in hopes of stopping the Affordable Care Act.."
citizen-times.com/story/news/loc…
⬇
"U.S. Rep. Mark Meadows helped engineer a federal government shutdown in 2013 in hopes of stopping the Affordable Care Act.."
citizen-times.com/story/news/loc…
⬇
Meadows, a Transylvania County Republican who represents most of Western North Carolina, has played an important role in bringing about the current partial shutdown over a border wall with Mexico." (via @asheville)
So. Much. "Freedom." 😠
⬇
So. Much. "Freedom." 😠
⬇
The HFC's founding members are Rep. Scott Garrett, Rep. Jim Jordan, Rep. John Fleming, Rep. Matt Salmon, Rep. Justin Amash, Rep. Raúl Labrador, Rep. Mick Mulvaney, Rep. Ron DeSantis and Rep. Mark Meadows.
web.archive.org/web/2016050623…
⬇
web.archive.org/web/2016050623…
⬇
