The Credit Card Monopoly Post 2008 Bailout
The bailout of American financial system is technically called the Emergency Economic Stabilization Act of 2008. The law governs the subprime mortgage crisis which authorizes the United States Secretary of the Treasury in order to spend over $700billion to buy distressed assets particularly in mortgage-backed securities while directly supplying cash to bank companies.… Read More »The Credit Card Monopoly Post 2008 Bailout