2 ms·
Seems like a better way would be to purchase the actual companies at above market rates, prop them up temporarily, and then offload them to buyers.
by darkerside 7y ago
Seems like a better way would be to purchase the actual companies at above market rates, prop them up temporarily, and then offload them to buyers.
- notJim 7y agoOr hang on to them and reap the profits and benefits of ownership in perpetuity. But letting them die makes no sense to me.
- darkerside 7y agoYeah, if I recall, we actually made a profit on the GM "bailout".
- lonelappde 7y agoOnly if you ignore inflation.