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I'm confused. Isn't it a good thing for a private person to invest in a huge failing company so that they can, hopefully, save jobs before the government has to step in and help? Hopefully, Buffett isn't going to do something shady with this business deal, but why is it that it is assumed that Buffett is going to do something shady here?
So which should we hope for, private businessmen/businesses investing in failing companies or government bailouts?
So which should we hope for, private businessmen/businesses investing in failing companies or government bailouts?