The Bailout's Auction Design: How About a Market? [View article]
If this is to work, they need to create classes of shares with exit priorities- giving investors an option of exiting the bailout at a time 24, 48, or 72 months into the future... This would enable some kind of functionality to the whole process. Otherwise is because a voting scheme- and investors don't like voting schemes.
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If this is to work, they need to create classes of shares with exit priorities- giving investors an option of exiting the bailout at a time 24, 48, or 72 months into the future... This would enable some kind of functionality to the whole process. Otherwise is because a voting scheme- and investors don't like voting schemes.
Sep 24 20:35 pm
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