User 274096

New York Adopts an Industrial Policy in Suing Intel

Paying your customers to use your product is no doubt not a wrong thing. But paying your customers not to use a competitor's product is not the appropriate thing to do. That is against free enterprise and capitalism. If that is allowed, and is proved to be lawful, then very soon we will end up with monopolies.

Did Crony Capitalism Lead to Wachovia's $54B Bailout?

Is there an indication here that Citibank is not as strong as it is looking from outside ? Seems like Wells Fargo can offer a better deal with no Government support. Was Citi trying to extort money from Government ? Or is Citi genuinely cannot absorb the Wachovia ?