bank giants

Is there anyone big enough to save the bank giants? The function to to this question is a big bold YES. Whenever a arrive estate faces any financial crisis whether its plunging of the stock market, dropping entertain of its silver against the dollar, or increasing bank failures, there is ever an classic organization in the country which steps in to modify the financial crisis. We know that organization in the variety of the authorities. The current global financial melt cumulus has witnessed a chain reactor of political sympathies intervention especially from true countries, where investors have seen banks travel down like pack of cards. Whether its turn back of Lehman bros, Washington mutual, Fannie mae or Freddie Mac or the worlds biggest insurer AIG. each(prenominal) these big call have headed south and found cheer in the governments arm. Recently the Kaiser Bush companion came up with a 700Billion $ bail-out plan. Thus enabling it to procure unhealthfu l mortgages from the banks. As pass judgment this plan failed to stabilize the markets about the world but it did portray something in return and that is much pain for the governments around the world. So far the G-20 nations have failed in restoring any confidence in the world markets. In the operate effort governments have decided to buy stakes in the last banks to calm the financial meltdown.

So have we come to a point where we can submit that its the end of capitalism now and the return communism? Will investors get that lower-ranking sh argon of profit if banks r nationalized? What will happen to the depositors and tax payers money? There arg! on many questions investors and citizens want to ask, but there are no answers for these questions. Its not just the banks that are facing the problem, but even off countries. According to Forbes website 10 countries are on the verge on going bankrupt, big names like Pakistan, Iceland, south Korea and so on are on the arguing and not to forget the eighth largest economy in the world, calcium!!!!!. Prices will keep plunging down until the house...If you want to get a full essay, order it on our website: BestEssayCheap.com

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