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>Just like the banks are regulated by FDIC so can be Boeing that's a good example, because when the FDIC runs out of regulatory measures it can apply to correc
by notatoad 3y ago
>Just like the banks are regulated by FDIC so can be Boeing
that's a good example, because when the FDIC runs out of regulatory measures it can apply to correct a problem, they have the option of nationalizing a bank to reduce the harm that can be caused. like we saw happen this spring with SVB.
In that case nationalization isn't like argentina, which everybody in this thread seems ot be jumping to. it's a corrective measure to prevent a collapse, where the government takes over keeps things running until the assets can be sold or otherwise transitioned to owners who will handle them better.