Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Trending News

Promoted
f
f asked in Business & FinanceInvesting · 5 years ago

can a country itself buy a corporate stock?

example: USA buys Google

5 Answers

Relevance
  • OPM
    Lv 7
    5 years ago

    I am a finance professor and yes nations are allowed to purchase and sell stocks and bonds in the United States. Generally speaking, the United States Government will not do so, except as a trustee, but there are exceptions. The United States owned a good chunk of GM when it bailed it out and several banks as well. Otherwise, the US will not purchase equity securities because of the moral dangers to the nation and to the firms.

  • Steve D
    Lv 7
    5 years ago

    Yes, of course. Anyone can buy stock - in fact , many cities and states buy stocks through their pension plans. The US government could if it so desired, but the argument against it is that the government would then control the company which may not be a good thing (imagine if the US government bought Lockheed and then Lockheed bid on government airplane contracts

  • marlon
    5 years ago

    No a country can't buy an entity

  • A nobody
    Lv 7
    5 years ago

    Yes they can and yes they do

  • How do you think about the answers? You can sign in to vote the answer.
  • Bob
    Lv 7
    5 years ago

    depends on the country.. but here in the USA.. no

Still have questions? Get your answers by asking now.