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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 NopeNotToday on Wednesday March 18, 2020 @11:01AM (#22617371)
If a company is too big to let fail, it's too big. We should have blocked any mergers or acquisitions that made Boeing larger.

For now, give them a loan, as much as they need, interest free for 10 years. No more bonuses nor stock buybacks until the loan has been repaid.

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Re:For Years WallStreet Spent More on Buybacks Than It Earne... by kazagistar on Wednesday March 18, 2020 @12:09PM (#22618176)
Why free money? Give them a loan in exchange for controlling stake and future profit, like any other investor.
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Re:For Years WallStreet Spent More on Buybacks Than It Earne... by frenchyatwork on Wednesday March 18, 2020 @02:45PM (#22619904)
The problem with this is then the state is now responsible for this thing, which wasn't able to keep itself afloat financially. This works in a some cases, where the state is actually more efficient at managing than a private corp, but in many cases you just have the taxpayers supporting zombie corporations.
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Re:For Years WallStreet Spent More on Buybacks Than It Earne... by chairmanwow1 on Wednesday March 18, 2020 @01:24PM (#22619020)
And we seem to have stumbled upon the Chinese economic system
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Re:For Years WallStreet Spent More on Buybacks Than It Earne... by 1001101 on Wednesday March 18, 2020 @02:20PM (#22619660)
Well, at least on the downside. The gains are privatized, the losses socialized - a private good when times are good, a public good when they are not.
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Re:For Years WallStreet Spent More on Buybacks Than It Earne... by gen3 on Wednesday March 18, 2020 @02:17PM (#22619634)
Except the US has already kind of done that before. Ex the treasury stake in GM.
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