Comment by JackYoustra
Comment by JackYoustra a day ago
Name one literal no-strings-attached blank cheque to a large company in the last 20 years
Comment by JackYoustra a day ago
Name one literal no-strings-attached blank cheque to a large company in the last 20 years
Lol the jail free bailouts of the banks in 2008? Goldman got billions from the bailout of AIG, management got millions and millions in bonuses....
Those bailouts were generally loans that were paid back. Pretty far from a "no strings attached blank cheque".
Perhaps not strictly “no-strings-attached” but many of the 2008 bailouts were functionally mechanisms to avoid nationalisation.