It's not a «
bailout of the financial system.»
Everything is too expensive, unless there are powerful people pushing hard for the money to be spent (think of the war in Iraq and
the bailout of financial system, for instance.)
Stephen Brooks writes today in TreeHugger «I am honestly tired of hearing about
the bailout of our financial system.
Not exact matches
It was intertwined with the
financial system through its sale
of mortgage - related investments to big Wall Street banks, which themselves eventually received
bailouts.
These articles include,
Financial Bailout: America's Own Kleptocracy — the Largest Transformation
of America's
Financial System since the Great Depression; The Paulson / Bernanke
Bailout: Will the Cure Be Worst than the Disease?
Living wills aim to end
bailouts of too - big - to - fail banks by showing how they would liquidate themselves without imperiling the
financial system.
Each
bailout requires more leverage, and puts at risk a larger and larger compass
of the
financial system.
Since 2008 - 9, however, most political debate has focused on restoring the UK economy to «business as usual»: Although the power
of government was used to stabilise the
financial system through
bailouts and nationalisations, in stark contrast to the 1930s New Deal era, there is no apparent enthusiasm for entrusting the state with new powers and responsibilities.
In order to convince the Government that the recent
bailout of AIG was crucial to the
financial system, they submitted this paper to the Fed and Treasury.
To prevent AIG's failure from cascading through the global
financial system, the U.S. Federal Reserve and the U.S. Treasury Department executed a $ 182 billion
bailout of the insurer.