Hard Truths About the Bailout

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Revision as of 16:54, September 22, 2008 by Yaron Koren (talk | contribs) (New page: {{Item |author=The New York Times editorial board |source=The New York Times |date=September 19, 2008 |url=http://www.nytimes.com/2008/09/20/opinion/20sat1.html |quote="It is painfully cle...)
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This is an opinion item.

Author(s) The New York Times editorial board
Source The New York Times
Date September 19, 2008
URL http://www.nytimes.com/2008/09/20/opinion/20sat1.html
Quotes-start.png "It is painfully clear that the financial system will not rebound on its own from the excessive lending and borrowing of the Bush years and the credit collapse in their wake. The one-bailout-at-a-time approach hasn’t worked. And modest steps are no longer an option." Quotes-end.png

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This item argues for the position United States should bail out the banking industry on the topic Economic crisis of 2008.