What is Bailout and how does it work?

What do you think is KEY to making the bailout work?

  • financial crisis: key to making it work

  • Answer:

    The housing market has to hit bottom and start turning around. They are buying "bad" mortgages from the bank at discounted prices. They are hoping to sell them back at a better price than they paid, which means the houses have to start appreciating again.

winnieba... at Yahoo! Answers Visit the source

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