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  2. Emergency Economic Stabilization Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Emergency_Economic...

    The Emergency Economic Stabilization Act of 2008, also known as the " bank bailout of 2008 " or the " Wall Street bailout ", was a United States federal law enacted during the Great Recession, which created federal programs to "bail out" failing financial institutions and banks. The bill was proposed by Treasury Secretary Henry Paulson, passed ...

  3. Troubled Asset Relief Program - Wikipedia

    en.wikipedia.org/wiki/Troubled_Asset_Relief_Program

    The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed into law by President George W. Bush. It was a component of the government's measures in 2009 to address the subprime ...

  4. Bailout - Wikipedia

    en.wikipedia.org/wiki/Bailout

    A bailout is the provision of financial help to a corporation or country which otherwise would be on the brink of bankruptcy.A bailout differs from the term bail-in (coined in 2010) under which the bondholders or depositors of global systemically important financial institutions (G-SIFIs) are forced to participate in the recapitalization process but taxpayers are not.

  5. Revisiting the financial crisis of 2008 that led to bailouts ...

    www.aol.com/news/revisiting-financial-crisis...

    The federal government spent $2.8 trillion in taxpayer funds to bail out corporations such as General Motors, Chrysler, Citigroup, Bank of America. Revisiting the financial crisis of 2008 that led ...

  6. What is a bank bailout? - AOL

    www.aol.com/finance/bank-bailout-132000808.html

    History of government bailouts To better understand the bank bailouts of 2023, we take a look back in history at what has led us to this point. 2007-2008 financial crisis

  7. Government shutdowns in the United States - Wikipedia

    en.wikipedia.org/wiki/Government_shutdowns_in...

    In a shutdown, the federal government curtails agency activities and services, ceases non-essential operations, furloughs non-essential workers, and retains only essential employees in departments that protect human life or property. [1][2] Shutdowns can also disrupt state, territorial, and local levels of government.

  8. 2007–2008 financial crisis - Wikipedia

    en.wikipedia.org/wiki/2007–2008_financial_crisis

    The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [1] excessive risk-taking by global financial institutions, [2] a continuous buildup of toxic assets within banks ...

  9. From Wall Street to Main Street and tax cuts to bailouts ...

    www.aol.com/finance/wall-street-main-street-tax...

    Au revoir tax cuts, bonjour bailouts. And finally, farewell to deflation, and a weary welcome to inflation. From Wall Street to Main Street and tax cuts to bailouts, BofA just dropped a list of 15 ...