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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 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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