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mattmaroon 4 hours ago

The current administration didn’t start that, see the bailouts of the 07-08 financial crisis.

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shimman 4 hours ago | parent | next [-]

Those were just repaying the loans, having a stake in a company is completely different. It's not hard to push that further and in more creative ways too.

	▲	mattmaroon 4 hours ago \| parent [-]
		That’s completely incorrect, they got significant equity in AIG, Citibank, and several other companies.

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buellerbueller 4 hours ago | parent | prev [-]

I don't see this as a good analogy, because the financial crisis bailout appeared to save the companies from shuttering, which is not what happened under the current admin.

	▲	mattmaroon 4 hours ago \| parent [-]
		Some of it is. Intel was in big trouble. Some of the investments were more national security related and a lot of it was done through the DoD which has a history of this too. It’s unusual but not entirely unprecedented.