"The Big Picture" economics blog -- Bailouts and Handouts

Barry Ritholtz explains why businesses are claiming to need government bailouts: "Free Money!" All of these bailouts have turned into a corporate welfare free for all. Too bad this is going to devalue the dollar and still will not really help consumers. If former Goldman Sachs CEO is correct, it could be grim. Check this out: http://www.reuters.com/article/Finance08/idUSTRE4AB7HT20081112

read more | digg story