led Bob Parsons to lay off 25 employees at his exclusive Scottsdale National Golf Club in March, the 69-year-old billionaire applied for a Paycheck Protection Program loan.
Was Parsons concerned about the backlash he would face as a billionaire asking for a federal handout? Maybe a little, he admits. But that was not the driving force for returning the PPP money, he insists. “It seems like we have all that cash, but we don’t,” he says. “We do, if our stocks were doing really good—then we could always borrow against the hedge fund. But when it’s dropping like that, you don’t want to borrow because you may lose it all.
Recently, Parsons started drive-in movie nights at two of his shopping centers to boost business for his restaurant tenants. For the past two weeks, it's been mostly sold out, he says.Since the shutdown started, Parsons says his businesses have collectively lost $500 million in value. But he isn’t too worried.
Parsons says he sometimes goes into his Scottsdale office himself to help out his skeleton crew. “It’s not like nuns in a Catholic school dance, where people are putting yardsticks between people,” he says. “It’s 6 feet [apart], and we wear masks. We have sanitizer all over.”
KristinStoller Is this case not different because it was already decided? The sentencing was the only remaining issue. Flynn was convicted.
KristinStoller Этот твит важен для меня
KristinStoller Never thought i would be earning this much 24hours from bitcoin investment.things has actually changed since i started trading with TradewithFx investing $3000 and getting $30,000 was something i never expected thanks.
KristinStoller He doesn’t believe covid is as deadly... because he has not been in ICU to see or experience the multi-organ destruction for himself. Short-sited for a dude with such a fortune.
KristinStoller Too many fluke internet billionaires that have done next to nothing to deserve the money is unbalancing the world.
KristinStoller This is the bullshit. Our gov't is bending over backwards to give money to people who don't need it. On the flip side Republicans are actually trying to stop money going to people who desperately need it.
KristinStoller Fascinating how successful people always get bashed. His business either qualifies for the money or it doesn't. You wanna bash somebody? Then start with those who allowed it in the legislation. He gave the money back, and he didn't have to; props to him.
KristinStoller Meanwhile small businesses like my podcasting platform SHElettaMakesMeLaugh (that lives on GoDaddy) who need the SBAgov loan continue to wait for funds that never come. Mr. Parsons should DM me so we can to talk about setting up a grant. I'll wait...
KristinStoller I will not hail a billionaire for deciding to return g'ment bailout money that he should not have gotten in the first place.
KristinStoller Don't give a damn why he gave it back. Why did he apply for it in the first place? A pointless question, of course.
KristinStoller He never should have applied for one in the 1st place. Period.
After stay-at-home orders led Bob Parsons to lay off 25 employees at his exclusive Scottsdale National Golf Club in March, the billionaire applied for a PPP loan. He received $8 million to spread out among his 16 businesses
KristinStoller NO TAX DODGING CHURCH SHOULD RECEIVE ANY BAILOUT MONEY WHATSOEVER. NEVER. EVER. THEY NEED TO RETURN THAT MONEY.
KristinStoller No need to read the article. It’s obvious why DrBobParsons gave it back - he got caught and is trying to recover from the bad PR.
KristinStoller Why are these big companies applying for these loans in the first place? Because they are greedy mofo’s?
KristinStoller Good lord. Why did he even receive one?
KristinStoller Why did he apply for it in the first place?!
So he could get a write up by a sycophant FakeJournalist at forbes DUH
KristinStoller A formal suit, a motorcycle, and a set of golf clubs. This is an odd staging of a photograph.
KristinStoller Because..he's.. a..billionaire? Or he wants to fire people... Either one
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