I was always under the presumption that corporate bail outs were for companies/corporations that if they went out of business (GM in Detroit) that they could get a corporate bail out. That’s why mom and pop shops don’t “get bailed out”, but shut down because of bankruptcy.
In: Economics
GMs bailout was the fed buying shares directly from GM. The Fed made a lot of money on those shares when they sold them. Fisker is not getting bailed out. They are filing for bankruptcy.
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