bail out
When Free Markets Fail
Read the full article: http://thecuriousinvestor.com/2008/03/16/when-free-markets-f...
It seems the government is hard at work "supporting" the free markets, and to a certain degrees abandoning free market principles all together. This isn't new as government bailouts and trading halts have been part of our stock markets' history ever since John Pierpont Morgan, with the help of Teddy Roosevelt, stepped in to save the markets from panic selling in October 1907.
- Login or register to post comments
- Read more
- Email this page
