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Quotes for topic: Bailout


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Showing 11-11 of 11 quotes in the topic Bailout

State constitutions typically provide that the state first has to service its debt, then make it pension payments, and then pay for services. What we don't know is whether that order will be enforced. And ultimately, the busted state is going to be looking to the federal government for a bailout. Think Greece, but on a much bigger scale.

~Eugene Fama

Topics: Bailout Bigger Busted Constitutions Debt Enforced Federal Federal Government First Going Government Greece Know Looking Make Much Order Pay Payments Pension Provide Scale Service Services State Then Think Ultimately Whether Will

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