Hacker News Reader

If a company is too big to let fail, it's too big. We should have blocked any mergers or acquisitions that made Boeing larger.

For now, give them a loan, as much as they need, interest free for 10 years. No more bonuses nor stock buybacks until the loan has been repaid.

View on HN

Why free money? Give them a loan in exchange for controlling stake and future profit, like any other investor.

And we seem to have stumbled upon the Chinese economic system

Except the US has already kind of done that before. Ex the treasury stake in GM.

Well, at least on the downside. The gains are privatized, the losses socialized - a private good when times are good, a public good when they are not.

The problem with this is then the state is now responsible for this thing, which wasn't able to keep itself afloat financially. This works in a some cases, where the state is actually more efficient at managing than a private corp, but in many cases you just have the taxpayers supporting zombie corporations.

Reply on news.ycombinator.com