What should be guideline for bailing out banks?

Posted Sept. 15, 2008, at 3:19 p.m.

The federal government has refused to bail out the financial institution Lehman Bros., yet it bailed out Fannie Mae and Freddie Mac.

Where does the fed draw the line? Has the government set a dangerous precedent by concluding that some institutions are “too big to fail,” while others are apparently not?

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