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It wasn't a bailout, it was investment money. Bailout could imply government throwing a lifeguard
by m_0x 3y ago
It wasn't a bailout, it was investment money.
Bailout could imply government throwing a lifeguard
- kaashif 3y ago> It wasn't a bailout, it was investment money. Almost all bailouts are investments, whether it's a government or private bailout. The investments are questionable sometimes, but they're still investments.
- leoqa 3y agoThe nuance is a) what happens to existing equity stakeholders and b) does the bailout have to be repaid. If the answer is nothing and no, then it’s a bailout philosophically. If the existing investors get diluted then they’re in part paying for the new capital injection.