Current Events and the Psychology of Politics
Loading

Featured Posts        



categories        



Links        



archives        



meta        




Mar 20th, 2009

Summary: What’s worse — corporate bailout or no bailout? Financial analysts and federal officials have warned that doing nothing to save AIG — or banks or the auto industry — would lead to catastrophe: an economic domino effect of bank losses, stock market chaos, and job cuts. Here’s what might happen if companies deemed “too big to fail” were allowed to do just that.