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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 creato on Thursday April 09, 2020 @11:49PM (#22829825)
What would "planning for a pandemic" look like for an airline? And if they did that, would they have survived for decades competing with airlines that did "riskier" planning for a pandemic?
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Re:Fed to buy junk bonds, lend to states in fresh virus support by chii on Friday April 10, 2020 @12:58AM (#22830109)
> would they have survived for decades competing with airlines that did "riskier" planning for a pandemic?

if the other riskier airline didn't get a bailout, they would've bankrupted today.

So in good times, the riskier airline returns more money to shareholders. But those shareholders should know that it's taking a bigger risk.

And the difference isn't so much that an airline will be pushed out of the market by not returning 100% of the earnings to shareholders.

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Re:Fed to buy junk bonds, lend to states in fresh virus support by sooheon on Friday April 10, 2020 @01:43AM (#22830319)
100% agreed. Privatization of profits, socialization of losses needs to stop.
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