1. Who Profits the Most from the Bailout Money?
... it is that profits the most from the federal bailout money. Believe it or not, the one who profits most from the bailout money might actually be the consumer! Before you light your torch and join the restless natives in the city square, understand first, why the money was required in the first place. It's not that the banks didn't screw up. They did. They loaned a lot of money to people who ... were tremendously less than able to keep up with their payments should the economy take a downturn, which it did. When the housing bubble burst, a lot of those people found themselves ... paying...
- Word Count: 628
- Approx Pages: 3
- Grade Level: High School