Re:Japan building 1GW, $21bn solar power station in space
by Retric on Wednesday September 02, 2009 @01:05PM
(#800586)
If the government is willing to bail out companies that fail then it reduces risks, so you should be more willing to invest in those companies.
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Re:Japan building 1GW, $21bn solar power station in space
by anamax on Wednesday September 02, 2009 @02:27PM
(#800793)
You're assuming that the govt will bail out investors. GM proves that it won't. It can't even be relied on to guarantee that lenders keep their place in line.
Re:Japan building 1GW, $21bn solar power station in space
by kingkongrevenge on Wednesday September 02, 2009 @04:25PM
(#801028)
Yes, exactly. That is the problem. Capital destroying companies are attracting capital due to government interference, when really they should be liquidated and bought up by competent managers.