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Surely the solution is for the bank/airline/etc to issue stock for the government to buy, rather than any bailout. Nationalize the failed company, keep it runn
by iso1631 7y ago
Surely the solution is for the bank/airline/etc to issue stock for the government to buy, rather than any bailout.
Nationalize the failed company, keep it running for strategic purposes, and privatize it to new owners at a later date.
- dmoy 7y agoYea that's a big part of what tarp was. Banks sold preferred stock to the treasury. It wasn't for nationalization though, the treasury didn't vote with its stock while it had it (also it was bought back).