Answer the two questions below. Times new Roman, 12pt, double spaced. 3 pages minimum with citations.
1. Discuss why the allowed bankruptcies (e.g. Lehman Brothers) and bail outs (e.g. AIG, Bear Sterns, Freddie/Fannie and etc.) were the WRONG choices made by the US government.
2. Discuss how the Fed, U.S. Treasury and regulators reacted INAPPROPRIATELY (e.g. TARP and other regulation)
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