answersLogoWhite

0

What are the pros of the bailout?

Updated: 9/14/2023
User Avatar

Nene10

Lvl 1
15y ago

Best Answer

the pros are that it will give the companies more time so that they could get more customers and things like that == Well if you are an irresponsible big bank or company, you can get a second chance with a lot of taxpaper money to then waste that too.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the pros of the bailout?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the financial bailout package crisis?

There is no such crisis as the financial bailout package crisis. the bailout was created to overcome the financial crisis.


How many votes yes for bailout and how many no for bailout?

205 for it and 228 against it.


What were the major economic events 2008?

The Financial Bailout and the Big 3 bailout


What is the latest bailout plan?

The latest "bailout" is the automotive bailout of the Big Three automakers, Ford, GM, and Chrysler. Legislation was introduced on Dec. 8th.


How much bailout money did FORD receive?

Ford did not receive any bailout money.


What are the pros and cons of the stimulus plan?

for a stimulus plan to me it means a financial bailout or a type of insurance to keep your economy afloat. It depends on what the stimulus plan is used for to determine the pros and conns like for instance. If the government plans a stimulus plan for wall street will it be for the right reasons and how will you benifit form it if you are under a ressecion..


Who asked congress for bailout?

Specifically speaking, nobody asked for a bailout. Out of the options that were considered to revive the economy this bailout was considered the most effective way and hence it came into existence.


What does bailout mean?

See: http://en.wikipedia.org/wiki/Bailout Bailout refers to the action of helping out somebody in trouble. You can compare the bailout in financial terms to the bail or parol we get for someone in jail. In bailout, a company with strong financial status offers to help a company that is in dire financial needs. Such a scenario is where the stronger company bails out the weaker one.


How much bailout money did citi corp receive?

The Citi group bailout was agreed for $45Billion same as the Bank of America bailout. The numbers about who got what and how they are spending it are pretty much a secret.


Has Ford changed the price of its vehicles since the automaker bailout?

Ford was one of the very few automakers who did not take any bailout money from the government, thus the bailout has not affected their pricing.


What is a bailout?

A bailout is an act of rescue, especially of a financial nature, or a backup supply of air in scuba diving.


What are the release dates for Bailout - 2012?

Bailout - 2012 was released on: USA: 16 December 2012 (limited)