4 ms·

If a company is too big to let fail, it's too big. We should have blocked any mergers or acquisitions that made Boeing larger. For now, give them a loan, as m

If a company is too big to let fail, it's too big. We should have blocked any mergers or acquisitions that made Boeing larger. For now, give them a loan, as much as they need, interest free for 10 years. No more bonuses nor stock buybacks until the loan has been repaid.

kazagistar 7y ago
Why free money? Give them a loan in exchange for controlling stake and future profit, like any other investor.
- chairmanwow1 7y ago
  And we seem to have stumbled upon the Chinese economic system
  - gen3 7y ago
    Except the US has already kind of done that before. Ex the treasury stake in GM.
  - 1001101 7y ago
    Well, at least on the downside. The gains are privatized, the losses socialized - a private good when times are good, a public good when they are not.
- frenchyatwork 7y ago
  The problem with this is then the state is now responsible for this thing, which wasn't able to keep itself afloat financially. This works in a some cases, where the state is actually more efficient at managing than a private corp, but in many cases you just have the taxpayers supporting zombie corporations.