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Managing the Liquidity Crisis


Companies are scrambling for cash in the wake of the pandemic. Unfortunately, for structural reasons they are unlikely to get the cash they need from their traditional lenders, even though the financial system is in relatively good shape and there are reserves of cash that could potentially be tapped. Government intervention will be required to help release the private capital available, but what is on the table with the CARES Act needs some amendments if the government is to get the cash where it’s needed.



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