During the 2007-2009 financial crisis, the government acted as a lender of last resort but did not use bailouts.

Name: During the 2007-2009 financial crisis, the government acted as a lender of last resort but did not use bailouts.
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During the 2007-2009 financial crisis, the government not only acted as a lender of last resort but also implemented bailouts for several large financial institutions and companies to prevent their collapse and stabilize the financial system.

During the 2007-2009 Financial Crisis, the Government Acted as a Lender