Phrases with «taxpayer bailout»

The phrase "taxpayer bailout" refers to a situation where the government uses taxpayers' money to rescue or help save a company or institution that is facing financial difficulties. Essentially, it means that regular people's tax payments are used to support struggling businesses or industries. Full definition

Sentences with «taxpayer bailout»

  • If all of this wasn't concerning enough, the very type of derivatives that blew up the giant insurer AIG in 2008 (credit derivatives) are making a big comeback at Citigroup, the recipient of the largest taxpayer bailout of a bank in U.S. history during the 2008 crash. (wallstreetonparade.com)
  • They got those jobs because President Obama outsourced the staffing of his administration to an executive of Citigroup, Michael Froman, while the bank was both insolvent and receiving the largest taxpayer bailout in U.S. history as a result of its corrupt behavior. (wallstreetonparade.com)
  • «I acknowledged the leadership of Barak Obama, Chris Dodd, Barney Frank, Blanche Lincoln and other brave Democrats by voting for a strong package of more government rules and regulations, designed so that banking disasters on Wall Street will never require taxpayer bailouts and kite the national debt, ever again. (voices.washingtonpost.com)
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