Too Big to Fail Alone: Corporate Bailouts and the Lender of Last Resort

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When an industry falters and the economy is affected, a government may step in to lend money to a corporation in order to stave off a crisis.These loans are safety nets that allow large multinational companies to be bailed out by the taxpayers.This book is an explanation of bailouts, the financial crises that makes them necessary, the concept of corporate welfare and subsidies, and case studies of bailouts in the automotive and banking industries, plus much more.Project Webster represents a new publishing paradigm, allowing disparate content sources to be curated into cohesive, relevant, and informative books. To date, this content has been curated from Wikipedia articles and images under Creative Commons licensing, although as Project Webster continues to increase in scope and dimension, more licensed and public domain content is being added. We believe books such as this represent a new and exciting lexicon in the sharing of human knowledge.