TITLE

The non-ethics of the financial bailout

AUTHOR(S)
Beerel, Annabel
PUB. DATE
October 2008
SOURCE
New Hampshire Business Review;10/10/2008, Vol. 30 Issue 22, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents an insight concerning the non-ethics of the financial bailouts in New Hampshire in 2008. It cites that the interconnectedness of the markets and the financial leverage of bank's assets exceed even ludicrous numbers. The author implies that the good-faith taxpayers who invested their money in financial institutions are now being asked to cough up for losses incurred largely as a result of a combination of aggressive greed for market share, negligence and incompetence.
ACCESSION #
34904878

 

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