Surely the solution is for the bank/airline/etc to issue stock for the governmen... | Hacker News

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		iso1631 on March 23, 2020 \| parent \| context \| favorite \| on: Passenger airlines start shifting idled planes int... Surely the solution is for the bank/airline/etc to issue stock for the government to buy, rather than any bailout. Nationalize the failed company, keep it running for strategic purposes, and privatize it to new owners at a later date.

dmoy on March 23, 2020 [–]

Yea that's a big part of what tarp was. Banks sold preferred stock to the treasury.

It wasn't for nationalization though, the treasury didn't vote with its stock while it had it (also it was bought back).

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