CNN's Jessica Yellin explains the details of the bank bailout fund.... ( read more )
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Bank bailout explained in English A bank bailout is a financial rescue package provided by the government to ailing banks or financial institutions during times of economic distress. The reasons for a bank bailout may vary, but the most common one is a financial crisis that results in a bank's inability to meet its financial obligations, including paying back loans and depositors' funds. In such cases, a bank bailout is seen as necessary to prevent a complete collapse of the financial system, which could have disastrous consequences for the wider economy. A bank bailout can take various forms, but the most common ones include injecting cash, providing loan guarantees, purchasing shares, or taki...
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