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"Too Big to Fail"

"Too Big to Fail" is the title of a recent book and a movie by HBO. It refers to the bailout of the major financial institutions that began in 2008, and at the time there was concern, by some, the United States would fall into a depression without this aid. For the purpose of this discussion I would also like to include the bailout of General Motors and Chrysler. All of these actions have represented temporary, not permanent commitments by the Federal government but have been extremely controversial. Discuss.

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The bailout was meant to restore the United States to where it was ten years ago prior to September 11, however, it has lead to businesses relying on this type of aid and being unable to restore themselves to any type of independant standing. Thus, today we have even more foreclosures and bankruptcies because the businesses are not able to take responsibility and try to fix the problem at the ...

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"Too Big to Fail" is the title of a recent book and a movie by HBO. It refers to the bailout of the major financial institutions that began in 2008, and at the time there was concern, by some, the United States would fall into a depression without this aid. For the purpose of this discussion I would also like to include the bailout of General Motors and Chrysler. All of these actions have represented temporary, not permanent commitments by the Federal government but have been extremely controversial. Discuss.

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