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That's the difference between loaning money and buying equity in a company.
by gitah 11y ago
That's the difference between loaning money and buying equity in a company.
- ElComradio 11y agoWe should have insisted on owning a stake, given the risky nature of the loan, and the size, at the very least.
- kbenson 11y agoLarge government loans to big industries are not uncommon. Ford secured a 5.9 billion dollar loan from the government in 2009 (not a bailout, a loan to retool factories).
- ElComradio 11y agoThat's not right either, but at least it's less wrong, as Ford had a far greater chance of repayment. Government just should not be making loans like this to private entities at all.