Mon 9 Mar, 2009 05:28 am
With all of the talk in the media about government sponsored bailouts of mismanaged and undeserving companies, I am wondering if private citizens can apply for government bailout funds. If the government truly wants to stimulate the economy, it should come from the bottom up, not the top down. As we have seen so far, very little of the billions spent have actually trickled down from the big wigs to the private citizenry.
A situation in which a business, individual or government offers money to a failing business in order to prevent the consequences that arise from a business's downfall. Bailouts can take the form of loans, bonds, stocks or cash. They may or may not require reimbursement.