5-Minute Videos
Should Government Bail Out Big Banks?
Big Government · Banking · Captions
About This Video
Should the government bail out big banks that may otherwise go bankrupt? Or should it let them go under, as it did with Lehman Brothers in 2008? Economist Nicole Gelinas, a fellow at the Manhattan Institute, has the answer, and it will have big implications for policymakers when they grapple with the next economic crisis.
Standards Met in Ohio
- AMH.9-12.19.lp.dGrades 9th, 10th, 11th, 12thUnderstand that a banking panic arises when many customers lose confidence in the banks at the same time and demand their deposits in cash; Banks do not have enough cash to meet the demand and need to take out loans and often fail (go out of business).
- EFL.9-12.19.cGrades 9th, 10th, 11th, 12thIdentify the purpose of a bank.
- EFL.9-12.19.lp.gGrades 9th, 10th, 11th, 12thIdentify the purpose of a bank.
- EFL.9-12.19.lp.hGrades 9th, 10th, 11th, 12thVisit a bank.