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A comment on Federal Reserve pledges asset purchases with no limit to support markets. Parent comment

Re:Federal Reserve pledges asset purchases with no limit to ... by ahelwer on Monday March 23, 2020 @05:32PM (#22669020)
Bankruptcy doesn't mean the company's assets are thrown in the trash. It just means the current equity & bond holders get rinsed. Other presumably smarter people can then come in and run the company.
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Re:Federal Reserve pledges asset purchases with no limit to ... by toomuchtodo on Monday March 23, 2020 @05:43PM (#22669141)
They mustn’t even be smarter, simply more ethical and responsible.
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Re:Federal Reserve pledges asset purchases with no limit to ... by dragonwriter on Tuesday March 24, 2020 @06:58AM (#22673755)
They needn’t even be more ethical and responsible, either. Calvinist mythology aside, financial success isn't a symptom of moral virtue.
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Re:Federal Reserve pledges asset purchases with no limit to ... by akiselev on Monday March 23, 2020 @10:43PM (#22671362)
Isn't the nature of a bankruptcy largely at the discretion of a judge?
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