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Why do you need bailout?

Updated: 9/14/2023
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15y ago

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1. Bailout is a mechanism to strengthen banks' balance sheet so that their credit rating will not deteriorate thus not requiring to pledge additional asset to creditors.

2. It is also a mechanism to safeguard banks from panic withdrawal from depositors.

Bailout comes at a cost (a very huge cost), in dollar term, it was estimated that the whole bailout plan will cost every man, woman and children in the US $2,300.

For more information, visit:

http://leonardatavism.blogspot.com/2008/09/some-thoughts-for-us-bailout-plan.html for

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15y ago
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What does bailout money mean?

That means the amount of money you need to pay to get bailed out.


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?

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What are the release dates for Bailout - 2012?

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


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.