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Business, 20.08.2021 02:40 happysage12

Some critics of the​ Fed's actions with AIG and Bear Stearns said that the government was just bailing out failing financial firms and they should have been allowed to fail. The rationale of the Fed was:.
A. these companies owed too much to the Fed to allow them to fail.
B. a complete collapse of the companies would devastate the financial system and cause a global panic.
C. not very well thought out.
D. these companies could lend money to banks.

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Some critics of the​ Fed's actions with AIG and Bear Stearns said that the government was just baili...
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