Tuesday, October 5, 2010

Struggling Bailouts

     After the Treasury Department bailed out numerous banks, a great percentage of them can barely survive, in this present day. Some ask how can that be, some would say it stemmed from their acceptance decision. Some officials of the treasury overlooked a lot of financial problems that seemed questionable to them. They also are getting plenty of heat due to the fact, that they should have been able to track and manage decisions by the problem  banks. These decisions meaning, which banks could repay, the others that could apply and last, and lastly the ones who could not pay or got rejected.
     Others are hoping the new program, which will give out thirty million billion to small banks, will not face the same problems stemming from the previous paragraph. The big plus behind this is, they will be offering the banks the governments money at a  low rate, which is a plus for repayment.The number of banks on the governments problems bank list are rising, and as of June, seventy eight banks were questionable in their effort of surviving.

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