Tags: bailout | list | growing

Buddy, Can You Spare a Billion?

Tuesday, 09 Sep 2008 10:06 AM

Is the definition of what's too big to fail getting broader?

Over the past decade, Washington has thrown a lifeline to everything from Long-Term Capital Management, a troubled hedge fund, to the airline and insurance industries after the Sept. 11 terrorist attacks in 2001. Now, Fannie Mae and Freddie Mac, the mortgage finance companies whose rescue plan was announced Sunday, are the latest to join the club.

Read the full story here: How many corporate bailouts are too many?

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Is the definition of what's too big to fail getting broader?Over the past decade, Washington has thrown a lifeline to everything from Long-Term Capital Management, a troubled hedge fund, to the airline and insurance industries after the Sept. 11 terrorist attacks in 2001....
bailout,list,growing
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2008-06-09
 

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