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

1.07K viewsEconomicsOther

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

It depends how they do it. When the [NZ government bailed out Air NZ in 2001](https://en.wikipedia.org/wiki/History_of_Air_New_Zealand), that’s exactly what happened. The government gave them $885m and got an 80% shareholding in return.

There are of course a lot of different ways it can be done

You are viewing 1 out of 26 answers, click here to view all answers.