1. Who Profits the Most from the Bailout Money?
... loans. The banking industry bet on a robust economy and ascending home prices and they lost the bet, jeopardizing themselves, and the entire United States Economy. Whether the banks should have been more fiscally responsible is not in question. Everyone agrees that greed and loose lending practices lead to the catastrophic downturn that required a financial bailout, and the result was that when the smoke cleared, we were left with a new banking ... to loan it to you. That means your daughter can start college on time, your kids can keep going to private school, you can add that new room...
- Word Count: 628
- Approx Pages: 3
- Grade Level: High School