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by JBSay 3145 days ago
As opposed to what? Billion dollars of taxpayer bail out because government have no incentive and have no idea how to run a commercial enterprise efficiently. If a private company fails on its obligation you can sue. If public company fail not only can't you sure but you have to pay more taxes to bail it out. https://www.forbes.com/sites/patrickgleason/2014/09/30/munic...