Occupy wall street protestors are protesting many
things, among them are the bailout of the wall street
banks by the government after causing the housing
collapse in the United States and serving no jail
time for it.
According to Wikipedia, The Troubled Asset Relief
Program (TARP) is a program of the United States
government to purchase assets and equity from
financial institutions to strengthen its financial
sector that was signed into law by U.S. President
George W. Bush, on October 3, 2008. It was a component
of the government's measures in 2008 to address the
subprime mortgage crises.
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Showing posts with label $700 billion dollar bailout. Show all posts
Showing posts with label $700 billion dollar bailout. Show all posts
Thursday, November 03, 2011
Tuesday, November 18, 2008
Making Sense Of The Volatile Financial Markets
A Commentary
In recent days we had a market crash, saw the federal
government infuse a promise of $700 billion dollars in
the financial markets and then days later experienced
the largest one day stock market gain in history. Then
the market oscillated way up and way down for days after.
Any bad news about the economy seems to have sent the
financial markets in a tailspin. Any talk from a financial
specialist or the President also seems to send the markets
into a tailspin.
READ MORE...
A Commentary
In recent days we had a market crash, saw the federal
government infuse a promise of $700 billion dollars in
the financial markets and then days later experienced
the largest one day stock market gain in history. Then
the market oscillated way up and way down for days after.
Any bad news about the economy seems to have sent the
financial markets in a tailspin. Any talk from a financial
specialist or the President also seems to send the markets
into a tailspin.
READ MORE...
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