Friday, November 27, 2009

Opinion

Do the Bailout Changes Mean the Financial Crisis Is Getting Worse?

Posted November 13, 2008

Treasury Secretary Henry Paulson announced that the $700 financial bailout will now focus on shoring up financial institutions that offer consumer credit instead of on buying troubled assets. Is it a good move or is it evidence that the financial situation is getting worse? Post your thoughts.

Previously: Is an Auto Industry Bailout a Good Idea?

Tags: Treasury Department | economy | Henry Paulson | government intervention

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