NO Government Bailouts!

Abstract: A 7 page paper arguing against government bailout as a business alternative to bankruptcy. The paper discusses the auto industry and lessons from the rash of bankruptcies in the airline industry following 9/11. When the topic is bailout, the government needs to limit any involvement to effective guarantees that fill gaps in the interest of the people but otherwise essentially "butt out" and let market forces operate. Market forces are immensely more efficient than the federal government; it appears today that they are wiser as well. Bibliography lists 5 sources.

Filename: KSeconBailNo.rtf

Pages: 7

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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