Tag bailout

Bail Out for Mallya’s Kingfisher? Non Sense.

Kingfisher Airlines owned by the Liquor Baron Vijay Mallya is facing crisis after crisis,bills over due to the Oil Companies,cancellation of flights,huge out standings to its debtors both big and small, pilots leaving because of non-payment of salaries among other things.  There…

Are the bailouts working?

Bail out is akin to lending more to your debtor to collect your old debt.
If you borrow less the you are afraid of the creditor;if you borrow huge sums the creditor is afraid of you.
Bail out is a political gimmick to give the impression that all is well or at least shall be