3 ms·
Some cases like that will definitely slip through. There is a balance between the governments doing strict checks and building a bureaucratic process and provid
by hrpnk 7y ago
Some cases like that will definitely slip through. There is a balance between the governments doing strict checks and building a bureaucratic process and providing quick cash injection into the whole economy. It's one of the learnings from TARP [1] where help requests were thoroughly screened and as a result it came too late in many cases.
[1] https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program