Explain Like I'm Five, aka ELI5, is the mini-podcast series where we take the questions you always wanted to ask, and talk about them in a way that is easy to understand. Made possible by the amazing reddit community at r/explainlikeimfive. See episode show notes for user credits.
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episode 264: ELI5 Bailouts - why don't governments own the companies they bail out?
What exactly is a bailout and how does it work? If a company gets bailed out with taxpayer money, shouldn’t the public now own it? Why do governments often choose to bail out banks? Why don't they just let them go under? How do CEOs from failing companies bailout with golden parachutes? Where does the money come from?
... we explain like I'm five
Thank you to the r/explainlikeimfive community and in particular the following users whose questions and comments formed the basis of this discussion: leokz145, max_p0wer, effofexisy, dirt_mcgirt, dawnoftheshred, vivekparam, dudeitsmeee
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