zlacker

> Capitalism for profits, socialism for losses. I’m sick of seeing this sort of behavior pan out time and time again, though I’m hardly surprised by it at this point

I'm not sure how this applies.

The US government just gained a 10% stake for nothing (that wasn't already given). Effectively going from the scenario you are painting to now taking a part of the profit as well.

I guess you were surprised after all!

>>parine+(OP)
The whole point of equity is that it can go to zero. Profit sharing means that the government had an upside (if Intel became profitable) and no downside. Now, if Intel loses money or goes bankrupt, 10 % of those losses automatically get socialised.

>>Nemo_b+FK
Great explanation of the socialism for losses, which was already happening and is the normal bailout routine.

Now explain how "Capitalism for profits" applies.