how the hell does Intel just hand the U.S. government 10% of the companyโฆ worth $11B?
this must be why Lutnick pushed for an American Sovereign Wealth Fund, to bucket the portfolio
Intel, MP Materials, General Motors, Amtrak, US Steel, Fannie & Freddieโฆ
Because INTC lost $20B last year and struggling. Biden gave them $10B cash infusion, Trump just wanted to get something for that $10B. With the US govtโs stake, INTC has a strong backer that can bail them out. It is a win win for them.
That remains to be seen. State ownership is not necessarily increasing performance. But I agree better than giving them 10b outright.
Nah, it's actually a clever move.
The initial deal was a bailout/right off, but now Trump's doing an equity purchase instead of a free handout.
No only does that reinforce Intel in the market, but American taxpayers become equity owners instead of just using tax money to bail out Intel Corp.
IMO a better deal
Btw this is what China does, and many other countries. USA just catching up here
All these large corporations are not sustainable without endless fiat money printing and slave labour.
Apparently one GPU vendor is worth more than the GDP of Japan. LOL. Argentina Mode: accelerate 
What was that Mussolini's said...
"Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power."
Yes, but "corporate" here doesn't mean specifically large enterprise. It means any organized body (corporation) of men, including especially trade unions.
