Trump Admin. Refuses to Disclose Corporate Recipients of $500 Billion in Covid Bailout Funds
The two private jet companies are among the first 96 airline companies disclosed as recipients of taxpayer funds under the CARES Act.
FreedomWorks, one of the astroturf groups created in the previous decade primarily to not let a Black president create anything nice for this country, would like to get some of that taxpayer funded "free cash" small business bail-out money.
"By exempting Donald Trump and his businesses from getting relief, what you are doing is you’re actually encouraging him to make rash decisions that are going to hurt America," Scarborough argued.
Geithner, who played a central role in the government’s response to the financial crisis of 2008-2009, is joining private equity firm Warburg Pincus LLC.
The bank chairman could be sentenced up to a year in prison, may also have to pay a $100,000 fine, and is barred from future work in the financial services industry.
For years, Progressives have been fighting to break up the big banks that crashed our economy. And now, they've gotten an unlikely ally in that fight -- The Tea Party. Apparently there are some members in the GOP who actually believe that the too big to fail banks need to be broken apart -- but not for the same reason progressives believe.
Join Economics Professor Richard Wolff, University of Massachusetts, for a screening of his film, "Capitalism Hits the Fan," and a Q&A session.
Cyprus overwhelmingly rejected a proposed levy on bank deposits as a condition for a European bailout on Tuesday, throwing international efforts to rescue the latest casualty of the euro zone debt crisis into disarray.
European markets have followed Asian shares downward on fears that the plan to bailout Cyprus could trigger an escalation of the eurozone debt crisis.
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