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Did capital one credit cards receive any federal bailout money?

No, Capital One credit cards did not receive federal bailout money during the financial crisis. While Capital One itself did not take bailout funds, the bank did benefit indirectly from the government's broader actions to stabilize the financial system. The Troubled Asset Relief Program (TARP) primarily focused on larger banks, and Capital One was not a direct recipient of those funds.


What is one example of the governments trying to help American businesses?

If you remember 2008 and the "crisis," you recall the trillions in bailout money given to GM, Chrysler, AIG, and the other pigs at the trough.


Who borrows money from federal reserve banks?

All member banks of the Federal Reserve in USA can and do borrow money from the federal reserve. The Federal Reserve is the banker of banks to whom the banks go when they need money.


If the stock market crashes do you lose what you have in your savings account?

No. The money you have in your bank is insured by the Federal Despositor's Insurance Corp (FDIC) for up to $250,000 (it was $100,000 before the recent bailout bill). That means that the government will pay you back your deposits up to that amount if your bank were to fail. http://en.wikipedia.org/wiki/FDIC


Why are central banks printing so much money?

Central Banks print so much money because it has attempted to bailout since the financial crisis in 2007. One intervention approach has been to printout more money in an attempt to become a money pump.

Related Questions

How much bailout money did FORD receive?

Ford did not receive any bailout money.


Did gmac mortgage receive federal bailout money?

As of today, Jan 9, 2009, General Motors did receive federal bailout money. While it cannot be proven that some of that money went to GMAC without seeing GM's financial records, there is a very high probability that it did.


Did Ford receive bailout money?

no


Did GE Money Bank receive bailout money?

yes


Did US Bank receive bailout money?

Yes. $7 billion


How much did JP Morgan Chase receive in bailout money?

25 Billion


Will the 700 billion dollars for the bailout come from China?

The bailout did not get through Congress, but no, the money would come from the US taxpayers. Update: The bailout did pass, and the money is coming from the Treasury and Federal Reserve. This could be argued to suggest the money is coming from the taxpayers.


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.


Did HSBC get a bailout under TARP?

HSBC did not receive bailout funds. However, AIG is strongly connected to HSBC, and AIG accepted the TARP money. This contributed a significant amount to HSBC.


How do we receive a grant up to $50,000 or 6 months mortgage payments?

How do we receive the government mortgage bailout money available up to $50,000 or 6 months mortgage payments?


Did discover bank receive tarp monies?

yes What was the total amount of money that Discover Bank received from the Economic Stimulus (bailout) plan?


Did ford take bailout money?

No, they did not.