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Re:Bill Hwang of Archegos Capital lost $20B in two days by nytgop77 on Wednesday May 12, 2021 @05:14PM (#27135229)
bail outs are undermining the "invisible hand" . Bad decisions dont get penalized, so actors start evaluating decisions diferently.
Re:Bill Hwang of Archegos Capital lost $20B in two days by xkjkls on Thursday May 13, 2021 @01:28PM (#27144790)
The bail outs being described are the invisible hand though. Government actions aren't being described, private companies engaging in private investments are. "Bail out" seems to be a catch all term for "struggling company I dislike received financing".
Re:Bill Hwang of Archegos Capital lost $20B in two days by valuearb on Wednesday May 12, 2021 @08:53PM (#27137170)
The other institutions buying the stricken institution at a large discount is the invisible hand, exactly. That discount is a huge penalty.