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 What is "BAILOUT"?
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Posted on 10-03-08 10:51 AM     Reply [Subscribe]
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I have been reading news headlines and news on channels saying "bailout"? I have very little understanding on whitehouse approving something related with "Bailout" bill. And also getting some glimpse of some banks and companies collapsing in the wall-street. I wonder if it is ok to deposit money in the any bank now.

Still , I am not clear what does "bailout"in current economic situation in US reflects?

Plz clarify if you know.
 

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