News for hackers. Stuff that matters.

A comment on Fed to buy junk bonds, lend to states in fresh virus support. Parent comment

Re:Fed to buy junk bonds, lend to states in fresh virus support by darkerside on Thursday April 09, 2020 @06:10PM (#22827731)
Seems like a better way would be to purchase the actual companies at above market rates, prop them up temporarily, and then offload them to buyers.
[ Parent | on HN ]
Re:Fed to buy junk bonds, lend to states in fresh virus support by notJim on Thursday April 09, 2020 @06:12PM (#22827745)
Or hang on to them and reap the profits and benefits of ownership in perpetuity. But letting them die makes no sense to me.
[ Parent | on HN ]
Re:Fed to buy junk bonds, lend to states in fresh virus support by darkerside on Thursday April 09, 2020 @08:15PM (#22828623)
Yeah, if I recall, we actually made a profit on the GM "bailout".
[ Parent | on HN ]
Re:Fed to buy junk bonds, lend to states in fresh virus support by lonelappde on Sunday April 12, 2020 @12:45AM (#22846120)
Only if you ignore inflation.
[ Parent | on HN ]