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
Fisker is not important to the economy or any political group anywhere. They simply just subcontracted out their manufacturing. There will be no bailout.
GM/Ford got bailouts because they employed hundreds of thousands of people, and many more downstream, and were considered strategic to the United States economy.
Latest Answers