During the 2008 crash RBS nearly went under, the UK government bought them for a song. Their debts were added to the UK national debt though.
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Yikes. Yeah, I don’t think that’s how would work here. I could be wrong, but when they said shares, it makes me think shares, not debt. Debt vs. equity.
aug 24, 2025, 5:18 pm • 0 0 • view
That was under UK accounting rules. Nationalisation has occurred there quite a bit after WW2. I don't know how that would be accounted for in the US, since I don't think nationalisation has ever happened here.
aug 24, 2025, 5:21 pm • 1 0 • view
I only know US stuff, and I don’t actually know what the arrangement is. What I do know is that the arrangement with intel was a grant. Grants are typically free money. It’s sketchy as hell. 😂
aug 24, 2025, 5:23 pm • 0 0 • view
Yup.
aug 24, 2025, 5:27 pm • 2 0 • view