The US got equity in banks during the financial crisis because the US bailed them out; then they paid it back plus interest. The US isn’t “bailing out” Intel.
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and it wasn't equity since homeowners not got any benefit from that bailout beyond (arguably) alterations to interest rates (and obviously the banks not going under which effectively preserved the equity in their homes)
aug 23, 2025, 10:58 pm • 2 0 • view
equity in the ethical sense the first time. equity, under a just law, would've resulted in all those faithful mortgage payers becoming shareholders in those banks even if the US GOVT ended up forming some kind of middleman manager for those assets
aug 23, 2025, 11:00 pm • 0 0 • view
and no i dont consider freddie fannie and DoD as acceptable middlemen for the return payments on the loans to keep the banks afloat: citizens were paying tax and mortgage which, mismanaged, went under so in a bankruptcy court remaining assets shouldve gone to home owners (probably house ur in)
aug 23, 2025, 11:05 pm • 0 0 • view
not your house but as in each homeowner should obv have gotten their own houses in the asset seizure that shouldve resulted
aug 23, 2025, 11:06 pm • 0 0 • view
obv after fixing the liquidity, im not saying a messy explosion wouldve been ideal but the equitable under the law outcome shouldve reflected the outcome any other corporation wouldve faced from, effectively, creditors
aug 23, 2025, 11:08 pm • 0 0 • view
Dont confuse this with TARP. It is not by a large measure.
aug 23, 2025, 11:32 pm • 0 0 • view