Not exact matches
The government spending that Mr. Bernanke has endorsed is pure
bailouts to the banks, insurance companies, real estate packagers and other Wall Street institutions so that they can support asset prices and thereby
save the economy's
financial balance sheet, not its employment and living standards.
WASHINGTON (CNN)- The controversial bank
bailout program may have
saved some
financial institutions from crumbling, but a Treasury official said the rescue plan was actually «unfortunate.»
This is the story of how the housing market collapsed leading the government to the massive
bailout that
saved some of our largest
financial institutions... and how a small group of people recognized what was happening and literally bet against the U.S. economy.
Only a week before, Wachovia and Washington Mutual were «
saved» in forced acquisitions and the first attempt at a
financial bailout plan failed in a House vote.