4 ms·
I am with you until you got to the nationalizing part. I don't know if that would be long term best for the country.
by Veelox 8y ago
I am with you until you got to the nationalizing part. I don't know if that would be long term best for the country.
- ben_w 8y agoYou can always re-privatise it later. Doing it this way — especially if you make it clear to the shareholders that such misbehaviour has consequences for their bottom lines and the money they get from forced nationalisation isn’t supposed to be the pre-offence share price — makes it a deterrent for anyone who would otherwise say “we’re too big to fail” or “we want out portfolio to take unnecessary risks, because there is no downside for us”.