But that is the market/capitalism at work
Posted on: July 10, 2020 at 13:21:51 CT
Guinny_Ire MU
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Companies that fail are liquidated and sold to the highest buyer. It's when instead of letting them fail the govt steps in and bails them out it's "crony capitalism". I'm no fan of the NY Times but if someone wants to inject funds in that way, I have no issue with it. I just won't subscribe to it.
No one is propping up Gabe and if they are that's their call. Dave is at the Post Dispatch and I dropped that subscription in the mid 90s. Lee Enterprises bought them and other papers and if you check into their valuation you'll see the repercussions of investing in failing enterprises.
And apologies who those who will rightly argue what does this post have to do with football, simply responding to a response to my post.