Apparently it's "under consideration." From page 4 of the Treasury's
white paper on the TALF:
The Federal Reserve and Treasury currently anticipate that ABS backed by rental, commercial, and government vehicle fleet leases, and ABS backed by small ticket equipment, heavy equipment, and agricultural equipment loans and leases will be eligible for the April funding of the TALF. Other types of securities under consideration include private-label residential mortgage-backed securities, collateralized loan and debt obligations, and other ABS not included in the initial rollout. Treasury and the Federal Reserve expect to announce which additional classes of ABS will be eligible under the expanded program as soon as the analysis is completed.
You can't be serious.
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