Tackling The Financial Crisis With Antitrust Claims
The U.S. government provided $700 billion in bank bailouts and took over Fannie Mae and Freddie Mac. With extensive write-downs due to the financial crisis, some of the largest banks, including Washington Mutual, Bear Stearns and Merrill Lynch, had to decide whether to fail or be acquired.
Washington Mutual and Bear Stearns were acquired by JP Morgan,...
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