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Cake day: June 3rd, 2023

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  • senoro@lemmy.mltoMemes@lemmy.ml~~Wall~~ Sesame street
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    2 years ago

    Except the banks payed it back. The US government profited about $15bn from the bailouts. Potentially a loss if considering inflation. Also banks were forced to take the bailouts to prevent a bank run. You would almost certainly have taken your money out of CITI bank if they were the only ones receiving a bailout from the government. Which would have cost the government more in the long term.

    Large banks like JPMorgan and Goldman Sachs had already paid back the government bailout by July 2009.




  • Why are big tech companies questionable when sponsoring a project like Rust? Do they not also have a vested interest in making sure Rust is maintained and used? The recent corprotisation of Rust can’t be attributed to big tech companies (at least not alone and not majoritvely) since big tech also sponsor and fund many, if not most, big free open source projects. This is a phenomenom seemingly unique to Rust. The linux foundation has the same, if not more, massive corporate sponsors and doesn’t face the same problems. I want to know what is going on at Rust to cause these changes.