The Bailout

It was not well received by those in government, that the root cause of the American financial crisis was the United States Congress. The chapter highlights that if the government had set rules in place that limited leverage for the banks, then no bailout would ever have been needed — would never been necessary to have taken place. Many people are confused by the financial meltdown and by the bailout that took place as a result of it. The chapter introduces the concept of bailout and details what must be done to save the financial system. The chapter discusses many of the decisions made during the bailout that were just poorly thought out, and the following series of verdicts that had political and personal motivations at their roots.