I'll give that to you if you support measures to make sure that companies don't get "too big to fail".
I'm not overly keen on the government owning parts of private companies. But I'm even less keen on having to bail out private companies. If a company is "too big to fail" then it becomes the governments problem and therefore the government ought to have a say in how its run. Keep it from becoming the government's problem and I support keeping the government out of its business to a large extent. Judah On Tue, Oct 14, 2008 at 3:38 PM, Robert Munn <[EMAIL PROTECTED]> wrote: > Might as well get a return, but I don't want to see the government holding > shares, even non-voting shares, in private companies over the long term. > Ideally, I would like to see the government recoup its investment plus some > return to pay for costs associated with the crisis. Beyond that, let's get > the government out of private industry. > > On Tue, Oct 14, 2008 at 3:31 PM, Judah wrote: > >> As I recall, they are non-voting preferred shares. If the banks start >> doing well, what is the harm from holding on 5 or 10 years and >> rewarding the taxpayers for stepping in? > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:274363 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
