Academic Journal
Securitizing Notes of Small Businesses and Needy Workers
| العنوان: | Securitizing Notes of Small Businesses and Needy Workers |
|---|---|
| المؤلفون: | Frankel, Tamar |
| المصدر: | Faculty Scholarship |
| بيانات النشر: | Scholarly Commons at Boston University School of Law |
| سنة النشر: | 2022 |
| المجموعة: | Scholarly Commons at Boston University School of Law |
| مصطلحات موضوعية: | securitization, asset-backed securities, business funding, covid-19, PPP loans, Banking and Finance Law, Business Organizations Law, Law, Securities Law |
| الوصف: | Businesses, whether large ones or small ones, such as restaurants and small shops, are presently closed and some of their employees have been laid off.1 Currently, the government is lending money to these small businesses2 and the now unemployed workers for their sustenance. It then collects the payments from some of the borrowers and the source of the rest of the money is taxes.3 Since not all, or perhaps only a few, small businesses own real estate, they might sign notes promising to repay the loans but can offer no asset backing. Presumably, the nation’s financial deficit is growing.4 The government adds the aggregate of the loans to the country’s costs and tax collection. |
| نوع الوثيقة: | text |
| وصف الملف: | application/pdf |
| اللغة: | English |
| Relation: | https://scholarship.law.bu.edu/faculty_scholarship/3654; https://scholarship.law.bu.edu/context/faculty_scholarship/article/4635/viewcontent/securitizing_notes.pdf |
| الاتاحة: | https://scholarship.law.bu.edu/faculty_scholarship/3654 https://scholarship.law.bu.edu/context/faculty_scholarship/article/4635/viewcontent/securitizing_notes.pdf |
| رقم الانضمام: | edsbas.56FC1C25 |
| قاعدة البيانات: | BASE |
| الوصف غير متاح. |