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A comment on Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009). Parent comment

Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by gadders on Monday February 09, 2015 @09:21AM (#9021216)
>>Waaat. I think the government should stop bailing out businesses. Either you let the company go bankrupt or you nationalize.

What, like General Motors?

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Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by lmm on Monday February 09, 2015 @09:33AM (#9021289)
Yep. That worked out pretty well, on the whole; government gets to keep the upside rather than just throwing money at the same management that failed and getting nothing to show for it.
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Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by justincormack on Monday February 09, 2015 @10:43AM (#9021710)
Indeed there was no reason not to wipe out the equity holders of the banks as part of the deal, and take that as government upside.
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Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by rayiner on Monday February 09, 2015 @11:43AM (#9022079)
When financial services is a huge part of your GDP, and your country depends on a steady flow of investor dollars to keep the economic engine running, yes, there's a lot of reason not to wipe out equity as part of the deal.
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