What is an economic bailout?

Answer 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 »

Top Q&A For: What is an economic bailout

What is the U.S. government economic bailout?

In 2008, the United States faced a subprime mortgage crisis. Mortgages across the country were delinquent and homes were being foreclosed upon. As a result, banks were not receiving the money they ... Read More »

What is dedination for the problems which is faced by the economic student while learning economic while learning economical studies?

I need to know this. My little sister is 3....HELP PLEASE! I googled it but nothing came up

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 »

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 »