Why should the US bail them out when 90% of their bad investments are in mainland china? Let them fold.
Presumably it’s only for their US holdings.
I would like to know that 100%. The mother corporation can push their debt onto subsidiaries like the US holdings.
I have seen this happen a few times when the company I work for get bought out/taken over. These were multinationals, but no bankruptcies happened. We just had to suck it up and pay it down...
Why should the US bail them out when 90% of their bad investments are in mainland china? Let them fold.
Presumably it’s only for their US holdings.
I would like to know that 100%. The mother corporation can push their debt onto subsidiaries like the US holdings.
I have seen this happen a few times when the company I work for get bought out/taken over. These were multinationals, but no bankruptcies happened. We just had to suck it up and pay it down...