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14y ago

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Why didn't the government just buy up home loans and forget the banks in 750000000000 bail out package?

Actually, the government could have bought some of the deriviatives that controlled those mortgages at bargain rates, they would NOT have had to do it one at a time. Instead, they gave the banks the money, and the banks can do whatever they want with the money. This was illegal, by the way. See the related question on Congressional oversight of the bailout money.


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.


How much bailout money did FORD receive?

Ford did not receive any bailout money.


Can you get a loan from the bailout?

No, the bailout is meant to allow funds for business and banks to operate on credit. You would have to qualify for a loan.


How do you Apply for a bailout?

Individuals aren't getting bailed out, and the money isn't even going to mortgages. Banks are hoarding the money and what they do with it is a secred. See the link on Congressional oversight below.


Did Ford receive bailout money?

no


Did ford take bailout money?

No, they did not.


Why did the us government decide to give banks a bailout during this crisis?

i dont no


What industry received a bailout from the federal government in the 1980s?

Savings and loan banks


Did GE Money Bank receive bailout money?

yes


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.


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.