Question
With markets blocked during a financial crisis, companies borrowed heavily on commercial and industrial loans and used the Fed's liquidity facilities to keep the market
With markets blocked during a financial crisis, companies borrowed heavily on commercial and industrial loans and used the Fed's liquidity facilities to keep the market machine running; and the Treasury market also experienced major disruptions as price gaps between supply and demand skyrocketed in what is generally the deepest and most liquid financing market in the world. How do these events affect the economies and what would be the possible solutions to get out of the crisis, what decisions could a financial manager of a company affected by the crisis make?
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