The U. S. Government's decision to bailout or not in a financial crisis will determine not only the direction of economic development of the current time but also its future. The bailout behaviors by The Federal Reserve System in 1987 and from 1998-2001 caused great economic loss in the United...

Some of the most widely expressed myths about the German financial system are concerned with the close ties and intensive interaction between banks and firms, often described as Hausbank relationships. Links between banks and firms include direct shareholdings, board representation, and proxy...