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To the extent companies demand bailouts of the US government, they should come in the form of the US government purchasing equity (diluting existing shareholder
by yasp 7y ago
To the extent companies demand bailouts of the US government, they should come in the form of the US government purchasing equity (diluting existing shareholders) and then gifting it to the citizenry.
- stevespang 7y agoSeems I recall something like that happened with Resolution Trust Corporation . . .