Major Banks Create New Liquidity Vehicle For Debt Market

I see Bank Of America, JPMorgan and Citigroup have just announced a new $100 billion facility to help troubled Structured Investment Vehicles  (SIVs) by creating and providing liquidity support  in the market for asset-backed commercial paper and medium-term notes issued by these SIVs. The US Treasury is supporting the facility as it should help "foster orderly capital markets"