Bank bailouts causes, implementation, pros and cons

The main causes triggered recent global financial crisis and the topic of bank bailouts in the US were discussed and debated thoroughly. Financial statements of four medium-sized commercial banks are reviewed, in order to elicit and understand which specific features were taken into account by the US government to give a hand to a bank in difficult economic situation. The research concludes that the implementation of bailouts were inevitable to prevent the relapse of the Great Depression, inspite of their high costs and negative consequences.

Autorentext

Bachelor degree in International Economics at the University of World Economy and Diplomacy in Uzbekistan; Master of Science in International Business at Norwegian School of Economics and Business Administration (NHH) in Norway. Participated in Erasmus Exchange Programm and studied Business Economics in Catholique University of Leuven, Belgium