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minus the 50 and you got $700 million because the legislature didn't want to go pass it.
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∙ 15y ago
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Define the 700 billion US bailout plan?
Much of it is still evolving. Suggest you review wikipedia under bailout plan.
Do Americans have any vote in this 700 billion bailout?
Directly NO Indirectly YES (Because the people elected by the citizens of USE were the ones who created this bailout plan)
What is Hank Paulson's connection to the US government's 700 billion dollar bailout?
Henry (Hank) Paulson is the Treasury Secretary of the United States. He was formerly the CEO of Goldman Sachs. The massive $700 billion dollar bailout is his plan to help save the failing banks and lending institutions in the United States.
How much money was the economic bailout?
About 4 billion
What is the bailout plan?
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.
Who needs the 700 billion bailout plan?
1. The banks and financial institutions in US 2. The US Economy 3. The world Economy In short - All of us.
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.
What is 900000000000?
That is 900 Billion, The amount of the US Government Bailout package.
Did US Bank receive bailout money?
Yes. $7 billion
Is Ford getting bailout money from Canada?
Yes 3.2 billion
What date was the 700 billion bailout passed?
The bailout was passed by the House of Representatives and signed into law by the president on Friday October 3, 2008.
What is 750 billion divided by 213 million?
3.5211
