Series 79: Governments

Governments

Governments are not always thought of as part of the investor community, but the sheer size of the government sector guarantees that governments sometimes act as investors in the financial markets. Apart from the federal bailouts of auto companies and financial institutions in 2008 and 2009, in the course of which Uncle Sam acquired a significant ownership interest in some large corporations, the government often buys debt—especially Treasuries, but also