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 What Does the Auto Bailout Mean for Bondholders?

Answer Following the collapse of the financial system in the fall of 2008, the U.S. economy rapidly declined into a recession. Government loans prevented Chrysler and General Motors from going out of busi... Read More »
http://www.ehow.com/facts_7369370_auto-bailout-mean-bondholders_.html

Top Q&A For: What Does the Auto Bailout Mean for Bondholders

When did AIG ask for a bailout?

The U.S. Government took over almost 80 percent of AIG's stock in return for $85 billion in September 2008. In the days leading up to the deal, AIG was close to filing for bankruptcy, but negotiati... Read More »
http://www.answerbag.com/q_view/2102443

What is an economic bailout?

The financial dictionary defines an economic bailout as the act of giving money to a company or committing another action so that the company avoids bankruptcy. Large companies are usually bailed o... Read More »
http://www.answerbag.com/q_view/1942839

When was the first bailout distributed to AIG?

The U.S. government bailed out AIG for the first time on September 16, 2008, according to the Wall Street Journal. AIG received $85 billion in return for a 79.9 percent stake in the company.Source:... Read More »
http://www.answerbag.com/q_view/2089788

What was the biggest U.S. bailout?

The Troubled Asset Relief Program (TARP) represents the largest government bailout in U.S. history. Congress established TARP with the October 2008 passage of the Emergency Economic Stabilization A... Read More »
http://www.answerbag.com/q_view/2287231


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