“Any investment by the government in a private company should be done through the purchase of newly issued shares so that the government has voting rights and can push them to take decisions in favour of the long term interests of the country first and foremost.”
Right? It’s fun as hell. And if they’re insolvent that’s just a fire sale on the stock. Why are we harming the free market’s ability to price things by handing out money?
That would be an interesting idea… IPO and issuing new shares incurs a ‘tax’ where say 10% of those shares belong to the government, with the end result that all publicly traded companies are 10% government owned
“Any investment by the government in a private company should be done through the purchase of newly issued shares so that the government has voting rights and can push them to take decisions in favour of the long term interests of the country first and foremost.”
Right? It’s fun as hell. And if they’re insolvent that’s just a fire sale on the stock. Why are we harming the free market’s ability to price things by handing out money?
That would be an interesting idea… IPO and issuing new shares incurs a ‘tax’ where say 10% of those shares belong to the government, with the end result that all publicly traded companies are 10% government owned