>so why should taxpayers face all the risk and none of the reward. Simple, bail ... | Hacker News

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		gruez on April 20, 2020 \| parent \| context \| favorite \| on: Denmark: No aid for companies which pay out divide... >so why should taxpayers face all the risk and none of the reward. Simple, bail the companies out (thus saving all the jobs), but wipe out (or significantly dilute) existing shareholders.

pinkfoot on April 20, 2020 [–]

The problem then comes (regrettably) when national/regional/local government next tries to get another round of capital-intensive fixed investment form the captains of industry.

They find themselves talking to themselves for the money.

They hate that.

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