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.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: