When a company gets bailed out with taxpayer money, why is it not owned by the public now?

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When a company gets bailed out with taxpayer money, why is it not owned by the public now?

In: Economics

26 Answers

Anonymous 0 Comments

When Obama bailed out the US car manufacturers in 2008, treasury became a major shareholder, they sold their shares in 2012 at profit and made money for the tax payer. It just depends on who is doing the reducing and what their policy is.

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