No, the bailout is meant to allow funds for business and banks to operate on credit. You would have to qualify for a loan.
Savings and loan banks
Yes, Citibank received bailout money during the 2008 financial crisis as part of the Troubled Asset Relief Program (TARP). The U.S. government provided significant capital injections to stabilize the bank, which included direct investments and loan guarantees. Citibank ultimately repaid the bailout funds, along with interest.
The official FHA website provides help for individuals who are having trouble paying their loan. Visit the website and be sure to read up on the Homeowner Bailout Plan.
There is no such crisis as the financial bailout package crisis. the bailout was created to overcome the financial crisis.
A 29-billion-dollar non-recourse loan was made to J.P. Morgan back with MBS. See Wikipedia "Bear Sterns" for details.
Davita Silfen Glasberg has written: 'Corporate welfare policy and the welfare state' -- subject(s): Government policy, Savings and loan associations, Deregulation, Savings and Loan Bailout, 1989-1995, Banks and banking
205 for it and 228 against it.
The Financial Bailout and the Big 3 bailout
The latest "bailout" is the automotive bailout of the Big Three automakers, Ford, GM, and Chrysler. Legislation was introduced on Dec. 8th.
Ford did not receive any bailout money.
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.
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.