If the US Government bails out Lehman, then it indicates a responsibility towards the economy. Since the US Government represents the citizens, this money represents tax dollars from said citizens. That is not a productive, nor efficient model of business. That's socialism. Government isn't a business. If the government bailed out everyone as a 'short-term' solution, businesses would have no impetus to become better and more efficient at operating. If Uncle Sam had your back, would you review your finances and crack-down on needless expenses? Heavens no! Setting a precedent for bailing out companies would be disastrous in the long-term.
Mridula Kapoor
Student (MBA - Finance)
Siva Sivani
Hydrabad
mridu.kapoor786@gmail.com
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