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Loose lending standards for mortgages (subprime loans) is at the top of the list. See: http://en.wikipedia.org/wiki/Proposed_bailout_of_U.S._financial_system_(2008) or Google: subprime loans and bailout deal. If you want to go real deep, try Wikipedia under CDO Debt.

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15y ago
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18h ago

The 2008 bailout was primarily caused by the subprime mortgage crisis, which led to the collapse of major financial institutions and threatened the stability of the entire financial system. These institutions had significant exposure to risky mortgage-backed securities, and their failure would have had catastrophic effects on the economy. The government intervened to prevent a widespread financial collapse and to stabilize the banking system.

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Q: What were the causes of the Bailout?
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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.


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.


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.


Has Ford changed the price of its vehicles since the automaker bailout?

Ford was one of the very few automakers who did not take any bailout money from the government, thus the bailout has not affected their pricing.


What is a bailout?

A bailout is an act of rescue, especially of a financial nature, or a backup supply of air in scuba diving.


What are the release dates for Bailout - 2012?

Bailout - 2012 was released on: USA: 16 December 2012 (limited)


Is there a bailout program for individuals?

No.