Get a 10-Day Free Trial of Market Insiders: . . 🚨Subscribe to our FREE Finance & Business Newsletter🚨 Financial News You Can Finally Use: After the 2008 crash, tax payers were reassured that big businesses learned their lesson and that they wouldn't need bailouts again. Now, in 2020, the bailouts are starting all over again Subscribe To Our Channel: Recommended: Things You NEED To Understand About The New Economy: Why Financial Education Is More Important Now Than Ever: STOP Bailing Out The Airlines And Banks 0:18 - The $700 bailout with TARP after the 2008 crash 1:59 - Who is getting bailed out during the 2020 economic crisis 3:25 - Airline companies spent $45 billion on stock buy backs and now want a $50 billion bailout 4:07 - Indirect bank bailouts 5:00 - Bank bailouts through the Fed buying bonds from banks 6:18 - The indirect bailout to buy corporate bond ETFs 7:30 - Tax payer paid bailouts are to protect a business that’s too big to fail 7:56 -
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)