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Ask HN: Why were some banks bailed out in 2008 crisis, while others were not?
Bailed out - Morgan stanley etc
Bankrupt - Bear stern etc
What's the criteria for being bailed out?
- aurizon 5y agohttps://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008 https://en.wikipedia.org/wiki/Emergency_Economic_Stabilizati...
- missedthecue 5y agoI would recommend watching the docudrama 'Too Big to Fail'