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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (438426)12/5/2008 12:19:11 PM
From: Joe NYC  Read Replies (1) of 1574258
 
I don't know about Joe, but I think it could be given consideration were that the case, as they would have a reasonable shot at repaying the money.

I think I would go a step further. I would not make it a loan, but I would have government purchase newly issued shares of the Big 3 (at these depressed levels), rather than a loan, with proceeds going straight into Big 3 cash accounts. That way, profitability would be easier to achieve (fewer debts), and government can actually make money to compensate for the risk.

If Big 3 never achieve profitability, the loans would never be repaid anyway.

joe
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