Re:Denmark: No aid for companies which pay out dividends or ...
by oconnor663 on Monday April 20, 2020 @12:41PM
(#22925575)
The point I'm trying to drive at is that bailouts are not a reward. If they were a reward, we wouldn't wait until emergencies to issue them. Rather, they're an emergency response, and in that sense they should really be optimized for effectively addressing the emergency, regardless of what feels fair.
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Re:Denmark: No aid for companies which pay out dividends or ...
by snovv_crash on Monday April 20, 2020 @12:56PM
(#22925741)
It's not that. The issue is that companies have figured out that ups and downs happen, so if they sail close enough to the wind they capture the upside while their limited liability and bailouts protect them from the downside. Privatize profit, socialize risk. The people they are placing that risk onto are not obliged to accept it.