AIG was the main bank that was bailed out by the government. It is outrageous that we pay taxes for multi billion dollar corporations to be bailed out. The government did not bail them out, we did. It is our hard earned money going to work I guess.
Individuals aren't getting bailed out, and the money isn't even going to mortgages. Banks are hoarding the money and what they do with it is a secred. See the link on Congressional oversight below.
Bad credit home loans often lead to the mortgage holders defaulting on their payments. When too many people do this, the banks get in financial trouble and either fail or need bailed out by the government.
It depends on the bank (smaller, regional banks will possibly have payout troubles; large banks will probably get bailed-out), the type of asset, the value and the liquidity. Generally, the greater the value, the longer the time. Keep an eye on what's going on...no one really knows how things are going to play out, since we are in uncharted economic waters right now.
That means the amount of money you need to pay to get bailed out.
He bailed out the banks.
Multiple bailouts have been passed, recently by George Bush (who, I believe, bailed out the banks) and Barack Obama (who bailed out the auto industry).
AIG was the main bank that was bailed out by the government. It is outrageous that we pay taxes for multi billion dollar corporations to be bailed out. The government did not bail them out, we did. It is our hard earned money going to work I guess.
Only the big boys are getting bailed out - Banks with ties to the Federal Reserve and the Treasury, Investment banks, etc. See the related question on Congressional oversight.
The four largest banks in the UK are HSBC, Barclays, RBS, and Lloyds TSB. The Big Four as they are known were the topic of discussion in late 2012 for being bailed out.
Hoover bailed out the failing banks and big businesses with Federal money. The result was a market crash, and the Great Depression.
"I am not sure, but i think sallie may, and bank of america were a part of the big banks which were bailed out in the 2008 year, but i am not positive."
Bailed Up was created in 1895.
The fact that someone IS bailed out is a public record. The information as to who bailed them out usually is NOT.
Stephanie McMahon bailed out triple h
Chris bailed himself out of jailllll!!!!!
She was bailed out by Edgar Nixon and Clifford and Virginia Durr.