Whether or not buyout firms decide to tangle directly with TALF (Term Asset-Backed Securities Loan Facility), this is good opportinity to help the country and make profit. Participating in TALF may indeed improve the current image of Private Equity industry. TALF will provide three-year loans at relatively low interest rates to private investors, who will in turn buy securities backed by newly- or recently-issued consumer debt like car loans, student loans and credit card receivables. The program aims to re-open the securitization market so that banks will start lending to consumers again. A perspective from a well respected jounalist, Shasha Dai:
http://blogs.wsj.com/privateequity/2009/03/04/pes-glass-is-talf-full/
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