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A system of promotion, stimulation and protection of the organised usury, money changing and financial gambling of any kind by means of transferring all the risks to the borrowers and the taxpayers on the grounds of the inability of the latter to understand what is really going on.
What else can I help you with?
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.
What are the release dates for House Hunters - 1999 Big Apple Bailout?
House Hunters - 1999 Big Apple Bailout was released on: USA: 24 January 2013
What is bailout?
When the government gives money to big businesses, so the big businesses can survive.
What is going to happen with the big 3 bailout?
nothing nothing
How much money was given for auto bailout?
24 billion for the big three
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.
How much bailout money did FORD receive?
Ford did not receive any bailout money.
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.
