Refund Anticipation Loans
Posted by WARREN MOSLER on 27th December 2010
Interesting!
Could move income and spending from q1 to q2 ???
H&R Block
- 5yr 600 (+65bps)
- The Office of the Comptroller of the Currency told HSBC Hldgs PLC not to make refunds-anticipation loans (RALs)
- This prompted the bank to end an exclusive contract w/ HRB 3yrs early
Posted in Government Spending | 3 Comments »






