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Re:Urgent: Sign the petition now by flappyeagle on Saturday March 11, 2023 @06:56PM (#35114149)
What socialized loss are you talking about? This seems like TARP, which was a huge gain for taxpayers.
Re:Urgent: Sign the petition now by nocoiner on Saturday March 11, 2023 @07:05PM (#35114312)
TARP did turn a profit, but there was no guarantee that the US treasury wasn’t going to take a loss on it.

Now, if these companies are willing to sign over warrants for 79.99% of the equity (like the banks did)… well, maybe there’s something to discuss. But otherwise reaping the rewards of capitalism while declining to take its risks - nah, I don’t think so.

Re:Urgent: Sign the petition now by Vt71fcAqt7 on Saturday March 11, 2023 @07:11PM (#35114432)
I think by "capitalism" you mean "free market" but yeah there is a massive difference between giving loans to massive banks, the larger of which were not going to fail anyway except Morgan Stanley, and giving money to small companies that can potentialy lose all of it (AKA the "start up" business model).