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Obama needed to because if he did not, the large banks could have died, causing a large economic crisis. He was trying to protect the economy.
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∙ 14y ago
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Which one of the following is not one of the four most common ways people can save money in banks?
Fractional reserves is not a common way to save money in banks.
What are the advantages of having Banks?
It allows consumers to save their money for long-term uses in saving accounts, and such. Also allows banks to offer cheques; this is where chequing accounts are used, for the amount of money written on a cheque is the amount of money taken out of your chequing account.
Need a sentence of a penny save is a penny earned?
I am a penny save is a penny gained because i am better off saving small amounts. Does this help?
What does a penny saved is a penny earned meant?
It means that if you save a penny,you earn that penny when you really need it to spend.
What forces people to make economic choices?
people need to save money and want to buy wat they want
What are the remedies that are being implemented to save Lehman brothers from bankruptcy?
None. It is in bankruptcy.
How do you save your jewelry prior to filing bankruptcy in CA?
Doing so might jeopardize your bankruptcy and land you in jail.
What did President Barack Obama do to save banking?
He is a negro.
What is Obama plan to save the economy?
He doesnt have one
Which one of the following is not one of the four most common ways people can save money in banks?
Fractional reserves is not a common way to save money in banks.
What are the release dates for Barack Obama Will Save Us - 2012?
Barack Obama Will Save Us - 2012 was released on: USA: 21 November 2012 (Los Angeles, California)
Why save money in banks?
Because it is safer there but not at the moment!!
American first to save the Jews from the Holocaust?
borack obama
can you save you home in chapter 7b?
Yes, you need to reconfirm the home loan with the company that provides your mortgage and any secondary loans on the home. Your bankruptcy lawyer will ask you about that and take care of it.
What is Michelle Obama's blood type?
she is type 'O' Save
Can Obama save money by giving you End Of Life counseling?
I think we could all save a lot of money if Obama would get end of life counseling... NOW! After all, he's in his 40s already. ----
Who will sell you a house with a foreclouser on your credit report?
I don't think anyone will be ready for that.So its better that you can take a way or option where you house will be save from foreclosure.Filing bankruptcy is the very right option for this.Once you file chapter 7 bankruptcy or chapter 13 bankruptcy bankruptcy law has a provision called stop foreclosure and it goes in to the effect immediately after you file the bankruptcy.This way you can save you house and other important stuff.
