Monthly Archives: September 2008

How do you feel about U.S.Government BAILOUTS….?

ShareTweet Put the following BAILOUTS in perspective: Penn Central Railroad-1970  $3.2 b Lockheed-1971   $1.4b Franklin National Bank-1974    $7.7b New York City-1975   $9.4b Chrysler-1980   $3.9b Continental Illinois Nat’l Bank-1984   $9.5b Savings and Loan-1989   $293.8b Airline Industry-2001   $18.6b Fannie Mae/Freddie Mac-2008   $200b Should … Continue reading

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