bank giants

Is there anyone big enough to save the bank giants?


The attend to to this question is a big bold YES. Whenever a landed estate faces any financial crisis whether its plunging of the stock market, dropping value of its silver against the dollar, or increasing bank failures, there is always an classic organization in the country which steps in to modify the financial crisis. We know that organization in the form of the authorities. The current global financial meltdown has witnessed a chain reactor of political sympathies intervention especially from developed countries, where investors have seen banks travel down like pack of cards. Whether its fall of Lehman bros, Washington mutual, Fannie mae or Freddie Mac or the worlds biggest insurer AIG. All these big call have headed south and found shelter in the governments arm. Recently the Kaiser Bush company came up with a 700Billion $ bail-out plan. Thus enabling it to buy toxic mortgages from the banks. As pass judgment this plan failed to stabilize the markets around the world but it did portray something in return and that is more pain for the governments around the world. So far the G-20 nations have failed in restoring any confidence in the world markets. In the last effort governments have decided to buy stakes in the last banks to calm the financial meltdown.



So have we come to a point where we can say that its the end of capitalism now and the return socialism? Will investors get that lower-ranking sh argon of profit if banks r nationalized? What will happen to the depositors and tax payers money? There are many questions investors and citizens want to ask, but there are no answers for these questions. Its not just the banks that are facing the problem, but even countries. According to Forbes website 10 countries are on the verge on going bankrupt, big names like Pakistan, Iceland, south Korea etc. are on the arguing and not to forget the 8th largest economy in the world, calcium!!!!!. Prices will keep plunging down until the house...If you want to get a full essay, order it on our website: Orderessay



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