0
What else can I help you with?
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 is bailout provision in annuity?
A bailout provision in an annuity allows the policyholder to withdraw funds from their annuity without facing surrender charges or penalties under specific conditions, often related to market downturns or poor investment performance. This feature provides a safety net, enabling investors to access their funds without incurring additional costs if their annuity's value falls below a certain threshold. It helps mitigate the risk of loss, offering some financial flexibility during unfavorable market conditions.
Was the elastic clause used in the auto bailout?
Yes, the elastic clause, formally known as the Necessary and Proper Clause, was invoked during the auto bailout. This clause allows Congress to pass laws deemed necessary to execute its enumerated powers. In this context, the government utilized it to justify the financial assistance provided to the automotive industry in 2008-2009, arguing that it was essential to stabilize the economy and protect jobs. The bailout was implemented through the TARP (Troubled Asset Relief Program), which was enabled by this constitutional provision.
How many votes yes for bailout and how many no for bailout?
205 for it and 228 against it.
What were the major economic events 2008?
The Financial Bailout and the Big 3 bailout
What is the latest bailout plan?
The latest "bailout" is the automotive bailout of the Big Three automakers, Ford, GM, and Chrysler. Legislation was introduced on Dec. 8th.
How much bailout money did FORD receive?
Ford did not receive any bailout money.
Who asked congress for bailout?
Specifically speaking, nobody asked for a bailout. Out of the options that were considered to revive the economy this bailout was considered the most effective way and hence it came into existence.
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.
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.
Has Ford changed the price of its vehicles since the automaker bailout?
Ford was one of the very few automakers who did not take any bailout money from the government, thus the bailout has not affected their pricing.
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.
