In article , Dan Espen
wrote:

Kurt Ullman writes:

In article , Dan Espen
wrote:


Government HAS NOT taken over _any_ banks or automobile companies.
You're in some kind of deluded dream world.

Of course they have. They gave them money and the government has in the
past, and is currently, telling many of these companies what they can
and cannot pay in dividends, executive bonuses and other areas.

I don't have the inclination to look any of this up, but what you are
describing is STANDARD for any large scale investor.
Not hardly. These are all done by the Board of Directors and the Feds
have no direct reps on most of the Boards. Even so, few large scale
investors (especially in places as big as car companies and banks) have
enough votes on the board to mandate these things. The Feds in this
instance have come in as an outside entitity and told the board what
they could or could not do.


That does not constitute "taking over".
Pretty much by most definitions.

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