4 ms·
But your initial quote is not new information, it's always true. If a company goes out of business then the investors aren't "made whole" by the government, thi
by rabidonrails 4y ago
But your initial quote is not new information, it's always true. If a company goes out of business then the investors aren't "made whole" by the government, this is a risk of owning stock.
Biden isn't providing new information, he's simply scoring political points because it would look terrible if the government was backstopping investors.
- idontwantthis 4y agoHe's not just scoring points, he's letting people know that this won't be like 2008 when the government did save investors by bailing them out.