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How much money has George Bush said the wall street bail out plan will be?
Wiki User
∙ 15y ago
The initial bailout plan was for nearly $700 billion. The latest stimulus package is another $250 billion
The aim of the bailout plans, stimulus packages etc are to purchase bad assets, reduce uncertainty regarding the worth of the remaining assets, and restore confidence in the credit markets.
Below are some reasons for such packages:
1. To Stabilize the economy
2. Improve Liquidity
3. Improve Investor Confidence
4. Reduce the impact of the financial crisis on the US Economy and GDP.
Wiki User
∙ 15y ago
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What President began the bail out for GM?
george w bush
How much money is the government asking for to bail out failed coporations of wall street?
Back in 2001, the airline industry was bailed out at a cost of $15 billion. Wall Street is now asking for $700 billion for a bail out, and per Wall Street this deficit dangers the entire nation
If you post bail for someone and they jump bail what are the consequences for you?
You lose your money.
What word refers to the money or property an accused person gives to a court to hold as a guarantee that he or she will appear for trial?
Bail.
who flush you hay bail?
george washington
Money to guarantee appearance in court?
Bail bond Surety bond. Bail
How does bail money work?
Bail money is used to make sure someone shows up to court. If they show up their money is given back. If someone uses a bail bondsman they charge a percentage for covering the bond and they don't get any of the money back.
What is the money paid for release from jail until the trial called?
Bail or a Bond to appear
Is bail money returned when the accused turns up for trial?
if you use a bail bondsman no, if you posted the Full bail amount you will get your money back after the defendant is completed with all the court dates and when he is finally sentenced. The bond will be exonerated. no exon, no return of money.
Where does bail out money come from?
Bail money can come from the the private funds of the individual who is charged, or his family. Also, there are businesses called "Bail Bondsmen" who will, for a fee, loan bail money to the defendant. Their business is to make a return on this investment by charging a fee or interest on the bail amount that is put at risk. (i.e.- for putting up a bail of $1,000. they may charge a $100. fee) If the defendant "skips" and fails to appear in court, the bail bondsman is then out the entire $1,100. Sometimes they can have large amounts of money at risk and this does not make bail bondsmen happy. They will sometimes hire people to locate and return the missing defendant so that they can recovere their money.
Where does bail money go to?
it goes to the taxes
How much money was the bail out plan?
a penny
