fne8w2ah@lemmy.world to News@lemmy.world · 1 year agoAfter $700 Million U.S. Bailout, Trucking Firm Is Shutting Downwww.nytimes.comexternal-linkmessage-square137fedilinkarrow-up1605arrow-down15
arrow-up1600arrow-down1external-linkAfter $700 Million U.S. Bailout, Trucking Firm Is Shutting Downwww.nytimes.comfne8w2ah@lemmy.world to News@lemmy.world · 1 year agomessage-square137fedilink
minus-squaregolamas1999@lemmy.worldlinkfedilinkarrow-up29·1 year agoIf companies are deemed to big to fail then they need to be nationalized.
minus-squareMamertine@lemmy.worldlinkfedilinkarrow-up6·1 year 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.