Origin of bailout
Examples from the Web for bailout
The bailout crybabies of Goldman Sachs, JP Morgan Chase, Wells Fargo, and all the rest are easy targets—and deserving ones, too.
The solution was a bailout—of AIG, and of the financial system as a whole.Remember the $182 Billion AIG Bailout? It Just Wasn’t Generous Enough|Daniel Gross|October 15, 2014|DAILY BEAST
In 1998, when the hedge fund Long Term Capital Management blew up, the New York Fed helped organize a $3.65 billion bailout.
Five months later, the New York Fed tried (without success) to organize a bailout of Lehman Brothers.
It then helped design and implement the bailout of insurer AIG, which, like Bear Stearns, was not regulated by the Fed.