Government Bailouts.

[Kraxe]

Originally posted by Malacasta
who is it helping and why is that particular recipient more worthy than another recipient?

Participating institutions will likely be any that have bought financial instruments backed by US debt of some kind, be it residential mortgages, commercial mortgages or some other form of commercial paper. I can't even begin to think of who might be covered by this though, but you can see as far and as wide as the credit crisis has spread, well essentially that's who might be covered

While it will be on offer to a lot of companies and institutions there will be a cost, most likel in warrants. Basically any company that wants to partake will have to give up a percentage of itself to the US government. Shareholders are going to love that I can tell you