The government and/or the central bank can't bail-out or ‚save‘ anyone. It is you and your hard-earned and heavily taxed income that they freely distribute to failed and over-leveraged companies.
I would just like to emphasise this once again because we will see a great many bail-outs in the coming months in which the government will play the hero and claim that it has saved the economy.
All over 2008 yet again, kicking the can down the road, until the can is so broken that kicking it is no longer possible.
