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> The action by the Federal Reserve has been lauded by investors for easing conditions in credit markets after they rapidly deteriorated in March, avoiding a potentially catastrophic corporate cash crunch that could have triggered a wave of bankruptcies.

I wonder why BKR is in the list, it does seem to have a strong balance sheet and no need for a credit lifeline like say PM that does have for example negative equity.

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I assume you mean BRK. If that's the case, BRK borrows at a very cheap rate (in the case the bonds purchased, their coupon is 4%, which is kinda high for BRK).

BRK borrows for a couple of reasons, but chief among them are that sometimes it's better to write bonds (for tax reasons), than it is to use cash. At 4%, I can see that being the case.

right makes sense - noob here

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