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A bail out can be considered as a financial help that was given/provided to almost all banks in the United States during the financial crisis a few years ago. Because of the economic crisis, more than 100 banks declared bankruptcy. To avoid further banks from failing, the government of the United States created a bailout plan through which the Federal Reserve granted financial help accounting to hundreds of billions of dollars to banks across the country. The banks used this money to stabilize their positions and are slowly repaying the Federal Reserve the money they got from them

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What does bail out mean in business?

To bail is to discard water to keep a boat from sinking. Similarly, to bail out someone or a business is generally to keep them from financial ruin. One can partially bail out someone, as to assist them from financial ruin.


What are the names of two of the finance companies that did not take bail out money?

According to CNNMONEY.com there are at least 54 publicly traded companies that did not take a "bail out". Two examples of these companies are Hudson City Bank Corp (HCBK), and People's United Financial (PBCT). Fidelity and Goldman Sachs are two of the finance companies that did not take bail out money. However, companies and banks who did have returned the bail out money as of now. Goldman Sachs took $10 billion in TARP funds. And there are many financial institutions out there that have still not paid back the TARP money.


What is the bailout of banks?

If you are asking about the Sept 2008 bank bailout, here is the answer. Bush administration wants to pay more than the price a pool of mortgages is worth on the open market. This is in esssence a gift to bankers. Think of a mutual fund or stock you have bought and lost money on the investment. The banks and stock brokers made bad investments on sub-prime mortgages, and now want the taxpayers to give them free money to bail them out. If that happens, why doesn't the government give you a check to bail you out over that stock you bought that went down in price?


How much money do bank owners make a year?

Do you mean commercial banks or investment banks?


Which of the major banks were bailed out by the federal government?

AIG was the main bank that was bailed out by the government. It is outrageous that we pay taxes for multi billion dollar corporations to be bailed out. The government did not bail them out, we did. It is our hard earned money going to work I guess.

Related Questions

How do you spell bail for let's bail?

That is the correct spelling for the verb bail, here used as slang to mean leave (from bail out).


Economic planning in eradication of poverty?

Use the money of poor people to bail out the banks.


The judge signed a no bail warrant what does this mean?

When the person named in the warrant is arrested, he will be held without bail.


What does stbl mean in bail percentage?

It's "stable" bail, the entire amount must be paid, not a percentage.


What does bail out mean in business?

To bail is to discard water to keep a boat from sinking. Similarly, to bail out someone or a business is generally to keep them from financial ruin. One can partially bail out someone, as to assist them from financial ruin.


What does to answer bail mean?

; What is bail?....Bail is money paid to the court to make sure you will appear at all required court appearances. ; So when you are released on bail, you will be called back to court. To answer bail is to show up as as ordered. by Duobus


What does out standing no bail arrest warrant mean?

It means u will be arrested next police contact u have and will not be able to be released on bail.


What does 28 equals h of cb mean?

28 equals height of cricket bail (The bail sit at the top of the stump. The stump is 28cm long so the bail sits at a height of 28cm.)


What does no excessive bail mean in the Bill of Rights?

It means that you can get bailed


What does it mean when a defendant is 'out on OR'?

OWN RECOGNIZANCE, i.e. no cash bail


What do you mean by the term surety in bail bonds?

In terms of bail bonds, a surety is a third party that pledges or promises money or property as bail (assurance to the court), for the court ordered appearance of an accused person.


What does surety bail set mean?

It means that the judge has decided on the amount of bail that will be necessary in order ensure the release, and subsequent appearance of, the defendant.