Re:Mark Cuban says bailed out companies should never be allo...
by quantified on Wednesday March 18, 2020 @11:08PM
(#22624025)
Isn't that similar to the bailout of GM? Which turned a profit for the gov't IIRC.
Re:Mark Cuban says bailed out companies should never be allo...
by nealabq on Thursday March 19, 2020 @12:34AM
(#22624514)
The US govt lost $11.2 billion on the GM bailout.
https://www.reuters.com/article/us-autos-gm-treasury-idusbre...
Re:Mark Cuban says bailed out companies should never be allo...
by quantified on Thursday March 19, 2020 @03:40AM
(#22625397)
Ah, thanks. Nevermind
As part of the deal, executive comp packages would be frozen (so the execs couldn’t simply issue more shares to themselves to avoid the impact of dilution)