• Mamertine@lemmy.world
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      1 year ago

      Nationalizing a company opens a whole new can of worms.

      Do you just let them operate at a loss? How can the others in the industry compete with a company that the taxpayers subsidize to operate at a loss?

      IMO, The terms of a to “big to fail” bailout should be a slow liquidation or a Ma Bell style breakup.

    • cath@lemmy.world
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      1 year ago

      Agree in principle but there was little left to nationalize with yellow.

      Their fleet was composed of mostly leases. It had been gutted and infected with MBA types doing dirty MBA tricks for years now.