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Not to mention that a government ownership stake also incentivizes a bailout if this all goes bust.
by CodingJeebus 3mo ago
Not to mention that a government ownership stake also incentivizes a bailout if this all goes bust.
- linhns 3mo agoWith the way they're treading on, I'd not be surprised if a bailout happens in the next decade.
- rchaud 3mo agoA 5% stake in an overvalued private company without public financials and with an indeterminate timeline to profitability is a bailout. Shareholders cash out while the taxpayer is stuck with the bill.
- triceratops 3mo agoIs the government buying their stake or being given a stake? In the second scenario there's no bagholding.
- HardwareLust 3mo ago"Too big to fail."
- HWR_14 3mo agoWhy?