Not exact matches
The Federal Reserve pumps
money into the banking system by purchasing bonds and, when the system breaks down, makes enormous
bailout payments to cover the bad debts run up by banks and
other institutions to mortgage borrowers, businesses and consumers.
Hensarling and
other Dodd - Frank critics have called that ability — known as «orderly liquidation authority» — a
bailout, even though any taxpayer
money used is supposed to be recouped from the sale of the company's assets or an assessment on the financial industry.
He thought he needed to [withhold member - item
money] to control people on the MTA
bailout and various
other highly contentious issues.
At this point, Oakland was already underwater and, unless the district were able to free up
other restricted
monies, it would ultimately need a
bailout.
If I recall, the flack Ally got was that GM (or was it GMAC) was receiving
bailout money and
other banks didn't see it as fair that they used it to back their higher interest rates.
Following the recent
bailout / takeover of AIG by the government,
other life insurance companies including Prudential are holding their hands out wanting a little of our tax
money to soften the impact of their unwise investment in risky real estate loans.