[retiredguy123]

Originally Posted by dougjb

If any bailout occurs for a publicly owned company, please keep in mind that is a very socialist type of affair. In capitalism, while there is the opportunity for great gain, there is always a risk of total failure.

But, if the administration wants to bailout any publicly owned company, I would recommend the following:

1) The government gets shares in the company equivalent to the government's investment.

2) The government gets seats on the board.

3) No executive of the publicly owned company will be paid an income (and shares and options) in excess of what a US Congressperson is paid...now about 180,000 per year.

4) There will be no benefits paid to any corporate officer in excess of that which accrue to Members of Congress.

5) If the bailout succeeds, the government will be able to cash out its bailout at then prevailing prices for the shares owned by the government.

If we are capitalist, then lets be capitalist. But, corporate bailiouts are simply a form of socialism.

That sounds good to me. But, I think a company that was bailed out under those conditions would probably go out of business faster than if they weren't bailed out at all.