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So far, on most environmental issues, commercial interests have got the upper hand.
Humana issues commercial insurance and Medicare Advantage plans, administers Medicaid coverage and provides coverage through the military's Tricare program.
AOL's research arm released its search-query data to support academic research, which can address issues commercial entities cannot.
Countrywide also has a unit that issues commercial paper backed by mortgages, to generate cash for more loan originations.
How this all works is a bit complicated and will be the subject of another article, but suffice it to say here in response that if a bank does not have the deposits to cover its outgoing checks, it borrows from the interbank lending market at very low rates, or issues commercial paper or CDs; and the state bank could do the same thing.
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Commerce doesn't raise money for loans by issuing commercial paper.
As the markets tightened, Sallie Mae found itself unable to issue commercial paper to cover some of its debt.
Mr. Fastow said the company was having no problem issuing commercial paper and had $1.85 billion in such debt outstanding.
Meanwhile corporate borrowers have found it hard to issue commercial paper, as money-market funds have fled from all but the safest assets.
Moody's Investors Service reduced the credit rating of AT&T yesterday to a level that may make it more difficult for the telephone company to issue commercial paper.
[C2.] Moody's Cut AT&T's Credit Rating Moody's Investors Service reduced AT&T's credit rating to a level that may make it more difficult to issue commercial paper.
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