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Thanks for explaining. I thought bailout meant just giving away money or some low interest credit to companies without getting equity in return.
by jdmoreira 7y ago
Thanks for explaining. I thought bailout meant just giving away money or some low interest credit to companies without getting equity in return.
- extralego 7y agoI used to think the same. Good article here with a bit more detail! https://www.peoplespolicyproject.org/2020/03/23/how-to-think-about-corporate-bailouts-correctly/ https://www.peoplespolicyproject.org/2020/03/23/how-to-think...