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Archive: https://archive.today/5SjkY

From the post:

>President Donald Trump said on Friday the U.S. would take a 10% stake in Intel (INTC.O), opens new tab under a deal with the struggling chipmaker and is planning more such moves, the latest extraordinary intervention by the White House in corporate America. An official announcement on the arrangement is expected later in the day, a source familiar with the matter said. Trump is set to meet with CEO Lip-Bu Tan later on Friday, a White House official confirmed.

Archive: https://archive.today/5SjkY From the post: >>President Donald Trump said on Friday the U.S. would take a 10% stake in Intel (INTC.O), opens new tab under a deal with the struggling chipmaker and is planning more such moves, the latest extraordinary intervention by the White House in corporate America. An official announcement on the arrangement is expected later in the day, a source familiar with the matter said. Trump is set to meet with CEO Lip-Bu Tan later on Friday, a White House official confirmed.

(post is archived)

[–] 2 pts

Trump's intervention in corporate America raises concerns

They didn't say shit when Obama did it with GM.

[–] 1 pt

I mean, government intervention usually goes pretty well in business, so there's nothing to worry about here.

[–] 0 pt

That’s interesting