Hard Truths About the Bailout

This is an opinion item.

Author(s)	The New York Times editorial board
Source	The New York Times
Date	September 19, 2008
URL	http://www.nytimes.com/2008/09/20/opinion/20sat1.html
Quote	"It is painfully clear that the financial system will not rebound on its own from the excessive lending and borrowing of the Bush years and the credit collapse in their wake. The one-bailout-at-a-time approach hasn’t worked. And modest steps are no longer an option."

Add or change this opinion item's references

This item argues for the position United States should bail out the banking industry on the topic Economic crisis of 2008.