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Yes and no. Completely out of "financial trouble"- well probably not. The intent is to restore the credit markets through mortgage backed security purchases. Obviously, the approach is controversial. See Wikipedia for Bailout deal with many links.

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16y ago

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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.


What were the major economic events 2008?

The Financial Bailout and the Big 3 bailout


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.


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 is the Financial bailout bill?

See: http://en.wikipedia.org/wiki/Bailout_deal


What issue in negotiations over the huge financial bailout is golden?

tickets


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.


How much did discover bank received from bailout?

Discover Bank did not receive a bailout during the financial crisis. Unlike many other financial institutions, Discover was able to remain solvent and did not participate in the Troubled Asset Relief Program (TARP) or similar government assistance programs. As a result, the bank operated independently without federal bailout funds.


Did Capital One Bank receive a bailout?

No, Capital One Bank did not receive a bailout during the financial crisis of 2008. Unlike many other financial institutions, Capital One was able to maintain its stability and did not require government assistance. The bank's focus on credit cards and consumer banking helped it navigate the crisis without the need for a bailout.


Terms best describes government involvement in the form of financial assistance to crisis-stricken banks and businesses?

Bailout A+


Was Mexican bailout was considered the first financial crisis of the 21ST century?

Nope, in fact, it wasn't even in the 21st century. A US-Mexico bailout was last done in 1995. The first financial crisis of the 21st century would probably Turkey's financial crash in 2000. The second would be the US' "Dot Com Slide" on the Dow Jones.


Why are you having a federal bailout?

The Reasons for the Bailout Package: 1. To Stabilize the economy 2. Improve Liquidity 3. Improve Investor Confidence 4. Reduce the impact of the financial crisis on the US Economy and GDP.