An Offer You Can’t Refuse

Again, international plays a role in the financial crisis. The U.S. government tells banks, even healthy ones, they have to take government money. Some think this had to happen because of European injections into their financial institutions. Once Europe took action, the U.S. had to do something similar. Some U.S. banks allegedly don’t like being forced to take money from the government but apparently Paulson made the banks offers they couldn’t refuse.

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