I read today that one company has three trillion dollars in assests and of that three hundred million is bad.
This plan allows them to dump this on us.
“I read today that one company has three trillion dollars in assests and of that three hundred million is bad.”
“This plan allows them to dump this on us.”
NO! It allows the treasury to set the price and to buy the assets it chooses, we NEVER let the companies just ‘dump’ whatever at their chosen price.
Why are people making false assumptions here?
Furthermore, there are ways the treasury has to make sure he is paying market price, and ways to recoup the losses, if any.
In the end, if we take the asset off their books, at a market-oriented price that down the road can payoff for a profit - what is the harm in that deal?