NJ5 on 13 June 2009
To be honest I haven't read much about the bailouts in UK. I was thinking more about the US, which is where the problem started and where it's biggest. In the US the companies are also technically required to pay back the money, but if they go bankrupt they'll just default on that debt (i.e. the taxpayer gets screwed).
More regulation is definitely needed... we can't let banks be greedy enough to require bailouts every once in a while.
I think that we haven't hit the bottom yet, but we'll see.
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