The U.S. Treasury holds a 30% stake in Yellow. The equity was issued as part of a collateral package for a $700 million Covid-relief loan it provided to the company in 2020.
Nice investment by the government on behalf of the taxpayer.
5 posted on 09/16/2024 5:59:03 AM PDT by johniegrad
If you play footsies with the government you will eventually get kicked in the knee.....................
6 posted on 09/16/2024 6:00:03 AM PDT by Red Badger
(Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)