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Regarding the 2007-09 Financial Crisis, Was there a bailout of the financial system? Did any organization act as a lender-of-last-resort? Did it nip the problem

Regarding the 2007-09 Financial Crisis, Was there a bailout of the financial system? Did any organization act as a lender-of-last-resort? Did it nip the problem in the bud? What kinds of problems may bailouts lead to?

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