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In response to the 2008 financial crisis, the U.S. government bailed out several banks. Notable bailouts included Citigroup on October 2008, Bank of America on January 2009, and Wells Fargo in October 2008. The Troubled Asset Relief Program (TARP) was a key mechanism used to facilitate these bailouts, helping stabilize the financial system during this tumultuous period.

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2w ago

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