Why does everyone forget that this was done under the Bush administration? Everyone blames Obama for the bailouts and some even blame him for the crash itself. I find it quite ridiculous to blame someone who was not even president at the time, for all these bailouts.
November 24th 2008 was the Biggest Bailout in History.
This just goes to show that if Citigroup the Biggest Bank in the U.S can go Bankrupt without a Bailout, then Anybody in the World can go Bankrupt if they're not smart with their Finances & Spending.
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered." --- Thomas Jefferson 1802
Why does everyone forget that this was done under the Bush administration? Everyone blames Obama for the bailouts and some even blame him for the crash itself. I find it quite ridiculous to blame someone who was not even president at the time, for all these bailouts.
ohgrx 1 year ago
wanting new friends
wanting new friends 6Y
4464985 3 years ago
The Bailout of Citigroup of Monday
November 24th 2008 was the Biggest Bailout in History.
This just goes to show that if Citigroup the Biggest Bank in the U.S can go Bankrupt without a Bailout, then Anybody in the World can go Bankrupt if they're not smart with their Finances & Spending.
Especially with their Spending.
UniversalTVmaster 3 years ago
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered." --- Thomas Jefferson 1802
becauseicare2 3 years ago
Paulson looks like he is about to have a nervous breakdown!!!
becauseicare2 3 years ago