Posts Tagged ‘S&L’

The True Cost of Government Bailouts

Tuesday, March 31st, 2009

The main justification for all the government bailouts seems to be that the economy cannot survive without them and, that if properly handled, the desired result can be achieved with minimal if any cost to the taxpayer.
The Example of the Resolution Trust Corporation (RTC)
Many use the Resolution Trust Corporation as an example and reference that, [...]