• themadcodger
    link
    fedilink
    32 months ago

    I’m all for the corporate death penalty. Need a bailout, sure. C-suite is fired, assets seized, and corporation becomes nationalized.

    Or something like that. There’s a reason no one has consulted me on the best way to accomplish this.

    • @bamboo@lemm.ee
      link
      fedilink
      22 months ago

      I mean if the government is providing a bailout, at a minimum they should get shares of the company at the current market value. If that’s a controlling share, well then it’s as good as nationalized.