Heller stated the reason he opposed this bill was, "The core of this legislation is still flawed and puts Nevada's taxpayers on the hook to pay for a massive bailout of Wall Street.

In addition, all the available evidence shows that the banks, still unregulated despite massive bailouts by taxpayers, have refused to use the £200bn liquidity given to stimulate demand in the economy, because it's simply not as profitable as gambling with derivatives!

In reponse the Chinese claim that US carmakers benefited from massive bailouts during the banking crash that give them an unfair advantage.

The Greek government appears to be on the point of collapse after prime minister George Papandreou's call for a referendum on Greece's massive bailout triggered a sell-off on world stock markets.

Russia, in particular, was fending off devaluation last week, hoping that a massive bailout from the West would save the ruble and the economy.

Nearing bankruptcy, the company only survived through a massive bailout by his Toronto based brothers.

This massive bailout is not a solution.

The problem then becomes: where to find the resources for these massive bailouts of the private banking system?

In a reference to the economic crisis on the continent, The Irish Times said that German Martin Kaymer had given Europe "a massive bailout that contributed to the most unlikeliest comeback in Ryder Cup history".

I can share his view that the success of the Council was the EU's refusal to go down the easier route of massive bailouts and nationalisation.