Obama’s Wall Street Bank Rescue Stabilized Economy at a Political Cost

Posted by & filed under Company Analysis, Economic Analysis, Governments & Regulators, Management Issues.

Description: When Barack Obama took office, the economy appeared to be on the brink of catastrophe. Despite the previous administrations commitment of several trillion dollars from every available arm of government to prop up the reeling financial system, nothing seemed to have worked. Banks were still hemorrhaging cash, and it was feared some would go… Read more »