Quote:
Originally Posted by gtahvit
It is a loan with interest paid back to the government. It's better on the tax payers this way. Much better.
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Theoretically, yes...saving those jobs saves money in the long run...as long as there are specific conditions spelled out in those loans. I am just not confident that those conditions are in there given that 50% of that $700 billion bailout will be going to pay shareholders because no one thought such conditions were necessary.