Earlier quoted context omitted.
> Possibly, but this government action could automatically trigger unemployment benefits... I like this in a perfect world, but I think in reality it causes too much disruption, and not a type that's beneficial for consumers in the short run. Normally that doesn't matter, but sometimes it does. If AT&T is wiped out tomorrow, that's a lot of people losing their phone and/or internet service all of a sudden, and for ma…
I feel like if this possibility existed, though, the market would adjust to the risk. Stocks for "innovative" companies wouldn't spike as high because the risk we find out how the sausage is made is higher. Individual and outside stock owners would understand that risk going in. The Walmart problem I definitely understand, I've seen small towns essentially replaced by Walmarts. It's possible in that case we could emp…
Actually, that might be a good middle ground, as long as there were still provisions to try to claw back any severance to execs. I'm not sure I trust all civil servants to be quite tenacious enough when it doesn't affect their own prospects.
There would also have to be provisions that required it be defunct within a certain time frame. Otherwise I'd be afraid it would be repurposed as a tool to nationalize companies without closure that avoided the discussion and vote as to whether that's a good idea by using possibly fabricated charges. That's a powerful tool to have with bad incentives in place if the government can gain from taking over the companies.