Determine the ultimate price

Reference no: EM1358547

If you have been keeping up with the nation's finances, you know that Fannie Mae and Freddie Mac are in trouble. So are Lehman Bros. and Washington Mutual Bank (WAMU). They may collapse. Should we just let them collapse? After all, bad management got them in their predicament. The US. auto industry is also on the verge of collapse. Should we let them go? If we bail anyone out, who pays the ultimate price?

Reference no: EM1358547

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