FBN’s David Asman on the 2008 financial crisis and the debate over government bailouts.... ( read more )
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The 2008 financial crisis was a major blow to the global economy, with the collapse of the housing market and the bankruptcy of several prominent financial institutions. In response, the US government provided massive bailouts to the banks and financial institutions in order to prevent a complete collapse of the economy. Today, as we face a new era of economic uncertainty, the question on everyone's mind is this: Would the government bail out the banks again if another crisis were to occur? The truth is, no one can say for sure what would happen in the event of another financial crisis. However, it's important to look back at what happened in 2008 to get an idea of what might happe
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