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Why Is Responding to a Financial Crisis by Bailing Out

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Essay

Why is responding to a financial crisis by bailing out financial institutions more effective than direct support of nonfinancial businesses?


Definitions:

Criminal Law

A branch of law dealing with crimes and their punishment.

Public Law

Laws governing the relationship between individuals and the government, including constitutional, administrative, and criminal laws.

State Law

The body of law enacted by the legislative branch of a state government and applicable within that state's jurisdiction.

Maliciously Arrested

Being arrested based on wrongful intent without grounds for a legitimate legal arrest.

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