[kazagistar]

Why free money? Give them a loan in exchange for controlling stake and future profit, like any other investor.

[frenchyatwork]

The problem with this is then the state is now responsible for this thing, which wasn't able to keep itself afloat financially. This works in a some cases, where the state is actually more efficient at managing than a private corp, but in many cases you just have the taxpayers supporting zombie corporations.

[chairmanwow1]

And we seem to have stumbled upon the Chinese economic system

[1001101]

Well, at least on the downside. The gains are privatized, the losses socialized - a private good when times are good, a public good when they are not.

[gen3]

Except the US has already kind of done that before. Ex the treasury stake in GM.