Overview

Should the auto industry or large banks be rescued when they engage in practices that lead them into bankruptcy? Will the collapse of one sector lead to the collapse of others? If the government can spend billions bailing out banks or auto companies, why don't they do the same for the millions of college students or homeowners who suffer from debt as a result of the financial sector's predatory practices? This anthology analyzes these and other questions relevant to federal bailouts. Readers will gain a broad understanding of the conflicting sides of this debate in accessible essays. Writers include Nancy Rapport, Paul Krugman, and Matthew Rothschild.

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Review: Should the Federal Government Bail Out Private Industry? This concise, timely work effectively introduces the Trouble Asset Relief Program, the collapse of the subprime mortgage industry, and the highly charged issue of governmental economic regulation. The brief, well-informed opinion pieces are persuasive in argument and economic in language, and each is preceded by a short introduction. A commendable introduction to a complex and highly relevant topic.--School Library Journal, June 2010

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