Exact(3)
Most often they fail – often needing a bail-out.
WITH an investment bank failing, an insurance giant needing a bail-out, the Dow tumbling and panic gripping Wall Street, Barack Obama spoke graciously about his opponent.
As crashing banks revealed how spectacularly poorly the financial world had understood the complex and shady instruments it had put its money into, BlackRock, far from needing a bail-out, was something of an antidote.
Similar(57)
It did not need a bail-out.
Slovenia may need a bail-out from its euro-zone partners.
After Cyprus the question is whether her country will be next in the euro zone to need a bail-out.
It is one thing to demand austerity and structural reforms when a country needs a bail-out.
One is the economic woes that last year made Cyprus the fifth euro-zone member to need a bail-out.
With investors betting that Portugal would still need a bail-out, Angela Merkel asserted that Germany would "support whatever is needed to support the euro".
The answer has a name: Mariano Rajoy, the country's studiously enigmatic prime minister.First, Mr Rajoy continues to pretend that Spain might not need a bail-out.
But if local governments still need a bail-out after that, they will have to cede some of their budgetary freedoms to Beijing.
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