bailouts
Corporate rescue packages
Bailouts are financial rescues—injections of money or credit to save a failing business, bank, or economy from collapse.
The term gained prominence during the 2008 financial crisis when governments used taxpayer funds to stabilize major banks and automakers: The bailouts were controversial but prevented a deeper recession.
A bailout implies the recipient couldn't survive on its own and often carries negative connotations of rewarding failure or moral hazard.
Save from harm
- stimulusWhat prompts a reaction
- TARP2008 bank rescue program
- subsidyFinancial assistance from government
- injectionSyringe-delivered dose
loan · relief · Wall Street · banks · liquidity · solvency · credit · emergency
Rearranging an existing framework
- GMTop executive abbreviation
- ChryslerAmerican automobile manufacturer
- AIGGlobal insurance conglomerate
- automakersCompanies manufacturing vehicles
airlines · executives · shareholders · board · bankruptcy · turnaround · jobs · layoffs
Global economic assistance organization
- GreeceBalkan peninsula nation
- eurozoneMonetary union sharing currency
- austerityEnforced economic stringency
- sovereignSupreme in power
troika · conditionality · restructuring · developing · Argentina · currency · devaluation · default
Favoring friends in appointments
- unfairUnjust or partial
- handoutFree distribution to recipients
- welfareComfort and prosperity
- inequalityUnequal distribution of resources
accountability · greed · corruption · outrage · protest · populism · resentment · bonuses
rescue
Save from harm
- stimulusWhat prompts a reaction
- TARP2008 bank rescue program
- subsidyFinancial assistance from government
injection · loan · relief · Wall Street · banks · liquidity · solvency · credit · emergency · federal
restructuring
Rearranging an existing framework
- GMTop executive abbreviation
- ChryslerAmerican automobile manufacturer
- AIGGlobal insurance conglomerate
automakers · airlines · executives · shareholders · board · bankruptcy · turnaround · jobs · layoffs · downsizing
IMF
Global economic assistance organization
- GreeceBalkan peninsula nation
- eurozoneMonetary union sharing currency
- austerityEnforced economic stringency
sovereign · troika · conditionality · restructuring · developing · Argentina · currency · devaluation · default · bonds
cronyism
Favoring friends in appointments
inequality · accountability · greed · corruption · outrage · protest · populism · resentment · bonuses · accountability
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- financial crisesfinancial collapse, bank run, economic collapse, bank failure, bank failures
- capitalism critiqueanti-capitalism, wealth inequality, income inequality, wealth gap, income gap
- EU budgetbudget control, customs duties, recovery fund, defense fund, budget negotiations
- IMFIMF, International Monetary Fund, SDR, quota, quota system
- 2000siPhone, Wii, MySpace, YouTube, Hurricane Katrina
bailoutsbankruptcy
Legal status when insolvent
liquidation · insolvency · collapse · failure · foreclosure
bailoutsbootstrapping
Self-starting without external input
self-reliance · turnaround · going it alone · sink or swim · tough love
bailoutslaissez-faire
Noninterference in commerce
creative destruction · non-intervention · sink or swim · moral accountability · tough love