Timothy Sumer

We visit with a noted writer and economist, Arnold Kling, who questions whether the massive federal bank bailout has done more harm than good.... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Bank bailouts have been a hotly debated issue in recent years. On one hand, some argue that they are necessary to prevent a collapse of the financial system and the wider economy. On the other hand, others claim that they are unfair and reward reckless behavior by banks. In 2008, following the collapse of Lehman Brothers, governments around the world began bailing out banks in order to prevent a complete financial meltdown. In the United States, Congress passed the Troubled Asset Relief Program (TARP), which provided hundreds of billions of dollars to banks and other financial institutions. Similar programs were implemented in other co...