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Corporate Bail out and the current economic situation

...... From another angle, the bailouts are condemned for having been established in an arbitrary method, without a previous audit and a clear establishment of the real value of the troubled assets. It is also argued that the United States government has taken several hasty decisions in this respect and that their rush was provoked by the Wall Street firms which set out to create panic. Several sound recommendations were by the Public Citizen and Consumer Watchdog, such as an objective analysis of the situation or the capping of the interest rates, but it is yet unclear how these recommendations were implemented (U.S. Newswire, 2010)
3. The Current Economic Situation
As it was initially estimated by the disclaimers of the TARP, the bailout funds did not put an end to the economic crisis. What they did was to stop the bankruptcy of several financial institutions. In his article entitled The Government Bank Bailout Will Not Jump Start the American Economy, David Haugen (2010) argues that the bailouts were a form of rewarding the financial risk takers which had in fact brought about the crisis. Also, he argues that the failure of the economic system was proof that a capitalist regime