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This plan can be described as a risky investment, as opposed to an expense. The MBS within the scope of the purchase program have rights to the cash flows from the underlying mortgages. As such, the initial outflow of government funds to purchase the MBS would be offset by ongoing cash inflows represented by the monthly mortgage payments. Further, the government eventually may be able to sell the assets, though whether at a gain or loss will be known only in future.
* MBS - Mortgage Backed Securities
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Who created the federal bailout bill?
I think it is Henry Paulson the US Treasury secretary.
Why did the 700 Billion Bailout plan fail?
As of today (Oct 2, 2008) it is too early to say the plan failed. The bill as presented in the House of Representatives on September 29, 2008 did not have the necessary votes to pass. Various reasons have been given for its initial failure to pass, including the unpopularity of the bill among residents (as gauged by polls) and the lack of oversight. However, a revised bill now has passed the Senate as of Oct 1, 2008. See "bailout deal" under Wikipedia for additional details.
What are some pros and cons of Bill Gates?
what are the pro's and con's of bill gates
Who is the person on the 2 dollar bill?
the person in the two dollar bill is ? who is he answer now
Now that the 2008 Federal Bailout Bill was passed is it a good time to buy or sell real estate?
sell real estate
How did the president overrule the Senates vote on the auo bailout?
The bill that was defeated in the Senate was a 14 billion dollar rescue plan for the automakers. The President has no power to overrule a bill that is defeated in Congress. The 17.4 billion dollar assistance to the automakers will be a low interest loan drawn from the 700 billion "bail out" fund already passed by both Houses in October.
Who is on the billion dollar bill?
There is no such bill. That's a joke.
Is there a bill worth one billion us dollars?
No, but there is a million dollar bill note.
What does a billion dollar bill look like?
i have never seen one
Why not give the taxpayer his or her 49448.05 cut of that 1.2 trillion dollar bailout then let us stimulate the economy?
While this would be nice (although miscalculated, the bailout portion of the bill was $700 billion, about $21k per American), it would cause massive inflation due to a huge increase in the money supply. Just like the huge increase in the supply of houses caused housing prices to plummet, a huge increase in the supply of money would drive down the value of the dollar.
How did they vote on the bailout plan?
They voted on the bailout plan just like any bill passed by the government. When the Bill was initially introduced, it had been rejected by the US Senate on Sep 29th 2008. It was then amended and approved by the US Senate on Oct 3rd 2008. President Bush signed the bill into law within hours of its enactment, creating a $700 billion Troubled Assets Relief Program to purchase failing bank assets.. Without majority in the house the bailout would not have come into existence
What are the release dates for Now with Bill Moyers - 2002 Behind the Bailout?
Now with Bill Moyers - 2002 Behind the Bailout was released on: USA: 26 September 2008
How many thousand dollar bills in a billion?
A billion is 1,000,000,000 and so (if there is a thousand dollar bill in circulation, I am not sure it is), then divide 1,000,000,000 by 1000 to get the number of bills which would be 1,000,000 which is a million
If you were to put a billion dollars dollar bill by dollar bill how many would it reach around the world?
Yes. It would reach around the world. Not once but 3 times.
What is the red two dollar bill with the serial number A63746259A worth?
2.8 billion dollars
What is the value of a 1998 billion dollar bill with the image of Kennedy?
Literally nothing. It's a novelty.
What is the bailout bill?
See http://en.wikipedia.org/wiki/Bailout_deal
