3 ms·
Why doesn't the USA just buy out all of Intel's debt, let them start fresh? Call it a Silicon Era War Bond, in reverse.
by kridsdale3 2y ago
Why doesn't the USA just buy out all of Intel's debt, let them start fresh? Call it a Silicon Era War Bond, in reverse.
- mixmastamyk 2y agoBetter to help another company with better management.
- kortilla 2y agoBecause you shouldn’t reward bad investors. Just wiping their debt without changing all of management will just result in the same problem in 10 years. Better for Intel to sell off chunks to competent companies either voluntarily or through bankruptcy.
- sroussey 2y agoBecause it doesn't have a union.
- Jerrrrrrry 2y agoBecause then it couldn't be a morally - now literally - bankrupt company that is nothing more than a shell of the existing company large enough that it being a complete puppet company of the neo-industrial intelligence apparatus is not a viable idea to anyone but the most extreme of Bell-end dwellers.
- 4ggr0 2y agoSocialize losses, privatize profits. How cute.