@[email protected] to [email protected] • 11 months agoAfter $700 Million U.S. Bailout, Trucking Firm Is Shutting Downwww.nytimes.commessage-square141fedilinkarrow-up1610
arrow-up1606external-linkAfter $700 Million U.S. Bailout, Trucking Firm Is Shutting Downwww.nytimes.com@[email protected] to [email protected] • 11 months agomessage-square141fedilink
minus-squaregolamas1999linkfedilink28•11 months agoIf companies are deemed to big to fail then they need to be nationalized.
minus-square@[email protected]linkfedilink5•11 months agoNationalizing a company opens a whole new can of worms. Do you just let them operate at a loss? How can the others in the industry compete with a company that the taxpayers subsidize to operate at a loss? IMO, The terms of a to “big to fail” bailout should be a slow liquidation or a Ma Bell style breakup.
If companies are deemed to big to fail then they need to be nationalized.
Nationalizing a company opens a whole new can of worms.
Do you just let them operate at a loss? How can the others in the industry compete with a company that the taxpayers subsidize to operate at a loss?
IMO, The terms of a to “big to fail” bailout should be a slow liquidation or a Ma Bell style breakup.