12 ms·
> That's not an alternative to a bailout, its a common bailout method When and where has a government made a large equity investment in a company and recouped
by rmrfstar 7y ago
> That's not an alternative to a bailout, its a common bailout method
When and where has a government made a large equity investment in a company and recouped its investment plus a reasonable insurance premium?
Here are some examples where it has not:
Penn Central Railroad 1970
Savings and Loan Crisis 1989
California Energy Sector 2000
Airline Industry 2001
Banking Sector 2008
Auto Sector 2008
If you want a non-comprehensive primer, see [1].
[1] https://www.propublica.org/article/government-bailouts https://www.propublica.org/article/government-bailouts