AP: Publicly traded firms get $300M in small-business loans

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From AP Morning Wire: • Trump to ‘suspend immigration’ to America. • Large firms get $300M in small-business loans. • Oil prices crater to negative as global demand evaporates. • Seoul: Kim Jong Un handling NK affairs after illness reports. SIGN UP:

 

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To America or to the USA? America has many countries...

You can’t suspend something that isn’t happening. It’s like telling a closed store manager not to sell anything

• Jesus is coming back and many people are unprepared.

Breaking news - Kim hits hole-in-one from hospital bed.

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Publicly traded firms get $300 million in small-business rescue loansA relief fund for small businesses amid the coronavirus crisis has wound up helping companies with thousands of employees and past regulatory run-ins. “If it’s called “looting” when poor people steal groceries during a disaster, what’s it called when the Senate tries to smash and grab billions for corporate executives during a pandemic” ~Erin Ryan morninggloria Answer: Mitching GOPCorruption This underscores either Mnuchin's incompetence rolling out the plan or his corruption in planning the distribution of funds. A review of how many were Goldman Sachs clients should be in order. How could anyone approve the bulk of funds going to so few. Recoveries must be demanded See the ancs picture
Source: latimes - 🏆 11. / 82 Read more »

In Race for Small-Business Loans, Winning Hinged on Where Firms BankThe small businesses that received government aid weren’t always the ones with the greatest needs or the best chances to survive the pandemic. When it comes to corporates and businesses who are worth millions and billions of worth, these sick govt wouldn't even bat an eye to bail them out but when it comes to bailout the people, they'd required messy criteria to be eligible for it. Fuck the corporate govt. This wasn’t built into the PPP. You could have written this article before it went live This IS HORRIFYING TO THOSE IN THE MOST NEED.. HOW WILL WE EVER BE ABLE TO PULL THRU,W/OUT SERIOUS CONSIDERATIONS MADE. IN ADDITION TO THE CREDITORS ETC, SMALL BIZ OWNERS WILL Need TIME TO GET BUSINESS GENERATING CASH FLOW DOES NOT HAPPEN IMMEDIATELY.
Source: WSJ - 🏆 98. / 63 Read more »