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>The US can give them money as grants. Grants put skin in the game for the US because they require Intel to meet the terms. It's not the same as taking part in
by yyyk 1y ago
>The US can give them money as grants. Grants put skin in the game for the US because they require Intel to meet the terms.
It's not the same as taking part in decisionmaking? Intel could just say 'no' to grants. They don't have to accept the terms.
- nonethewiser 1y agoAnd they can say no to the government with the equity stake and the government can divest. I'm not arguing they are exactly the same... I just think the author shouldn't state the hypothesis at the end of the article without examining it. Frankly I think it's a good summary of why Intel may be too big to fail. It's just framed wrong.
- cthalupa 1y agoBut they don't get to take part in the decision making with this equity stake either. The shares are non-voting while the government holds them, and revert to voting shares once sold to a private entity.