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A comment on For Years WallStreet Spent More on Buybacks Than It Earned-Now They Want Bailout. Parent comment

Re:For Years WallStreet Spent More on Buybacks Than It Earne... by skrtskrt on Wednesday March 18, 2020 @10:42AM (#22617147)
All the industries they are looking at bailing out already are huge political donors: airlines, oil & gas, etc.

These industries have already priced in that they can do whatever the hell they want, completely fall apart and they will get bailed out.

They know that:

1. They are needed, or seen as needed by politicians

2. The appetite for true nationalization of industries is extremely low in the US, so they will get bailed out instead of taken over by govt.

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Re:For Years WallStreet Spent More on Buybacks Than It Earne... by kazagistar on Wednesday March 18, 2020 @12:06PM (#22618148)
The oligarchic control over power is something that can change very very fast.
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Re:For Years WallStreet Spent More on Buybacks Than It Earne... by gentleman11 on Wednesday March 18, 2020 @12:20PM (#22618288)
If it can change very fast, it’s not real power
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