Hedge fund BAILOUT? Has the Fed revealed an issue with hedge funds??

The Federal Reserve has considered lending money DIRECTLY to hedge funds. WHY would they consider doing this and WHAT is their rationale?

Source:

Federal Reserve officials are considering a new tool to ease stresses in the market for Treasury repurchase agreements (repos)

One solution idea that has been bounced around is to lend cash directly to smaller banks, securities dealers and hedge funds

This would be done through the repo market's clearinghouse, the Fixed Income Clearing Corp., or FICC

repo market,hedge funds,bailout,federal reserve,leverage,