An article in Daily Finance discusses Wells Fargo's increase in earnings and paid back loans. It received a bailout from the government during the financial crisis and was able to pay all of it back, plus increase its overall performance. This showcases the benefits of the mixed economic system the U.S. uses.Please read her full post.
Welcome to Economics Blog. The goal of this class is for students to have the opportunity to learn economics through a real world setting discussing current events with each other and people throughout the country.
Friday, January 21, 2011
Wells Fargo Bailout
Alison from Group 3 discusses how our mixed economic system utilized bailouts during the financial crisis. Below is an excerpt.
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