Quote Originally Posted by bkkandrew
Troubled assets eligible for purchase should come from financial institutions with "significant operations" in the United States. But it said there could be an exemption to that condition by the Treasury secretary, in consultation with the Fed chairman, that broader eligibility is necessary to stabilize financial markets.
well technically, foreign corporations with a US presence are usually US registered companies, so they deserve to be bailed out also. However I doubt those companies could import from their overseas operations the bad loans and ask money for it from the US government. I am sure some will try, but regulators will be looking at everything very carefully.