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Feds bailing out banks?

 
 
Reply Fri 19 Sep, 2008 09:48 am
With all the financial drama in the US markets lately, isn't this move by the government only a temporary fix? If a company is going bankrupt, doesn't this bail out only delay the inevitable?
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Type: Question • Score: 0 • Views: 551 • Replies: 2
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BumbleBeeBoogie
 
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Reply Fri 19 Sep, 2008 10:17 am
@crayon851,
http://able2know.org/topic/122739-1
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cicerone imposter
 
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Reply Fri 19 Sep, 2008 02:11 pm
@crayon851,
It's not temporary by any means. When they fund hundreds of billions of dollars without any backing for it, it becomes a very long-term economic issue.
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