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Thread: $ 700 billion bailout
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[quote=JIMMYB,325745]I remember that A FT report said that US shouldn't spend so much money to save the financial corps one by one. In current time, almost all financial corps are in trouble. Is US rich enough to save all of them? As some guys said, the government just uses the taxpayers' money to bail out those corps. Did the government consult with them before making this decision? Sometimes, acquisition is necessary. By the way, it is said that FBI has started to investigate AIG, Lehman Brothers, Fannie Mae and Freddie Mac because FBI suspected that fraud might help cause some troubles in those four corps. If it was true, that would be bad news.[/quote]
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