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- The US government has intervened in the economy several times over the past century to provide bailouts. Here are six instances of government intervention1:
- The Great Depression
- The Savings and Loan Crisis
- The conservatorship of Fannie Mae and Freddie Mac
- The collapse of Bear Stearns
- The rescue of American International Group (AIG)
- The COVID-19 pandemic
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.In this article, we look at six instances over the past century that have necessitated government intervention: The Great Depression The Savings and Loan Crisis The conservatorship of Fannie Mae and Freddie Mac The collapse of Bear Stearns The rescue of American International Group (AIG) The COVID-19 pandemicwww.investopedia.com/articles/economics/08/gove…Forty years ago this week, President Jimmy Carter led a bailout of Chrysler, a move that allowed it to survive (before being bought out down the road). The Chrysler bailout wasn’t the biggest ever, nor would it be the last; here are five more of the biggest bailouts in American history.www.saturdayeveningpost.com/2020/01/the-5-bigg… - People also ask
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