Big banks accused of favoring more lucrative small business loans in coronavirus program

  • 📰 CNN
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 95%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Four of America's biggest banks have been accused of harming thousands of coronavirus-hit small businesses by unfairly prioritizing emergency loan requests from large customers to earn fatter fees

New York Four of America's biggest banks have been accused of harming thousands of coronavirus-hit small businesses by unfairly prioritizing emergency loan requests from large customers to earn fatter fees.

Bank of America , Wells Fargo, JPMorgan Chase and US Bank were sued Sunday for allegedly failing to process forgivable loans in the $349 billion Paycheck Protection Program on a first-come first-served basis.

 

コメントありがとうございます。コメントは審査後に公開されます。

In how many of these large firms does Trump or his family have a share?

What's that? America is built on Capitalism? Or is it on the backs of small business?

And in other news, water is wet.

People are too busy worrying about Pelosi’s brand of ice cream to worry about the real issues.

The corporate criminals have no shame.

Sanction the banks and make those companies that received the priority loans give it all back. It’s not their money, it mine and all the taxpayers. WTAF!

Barnes_Law How do these large, often public companies qualify as 'Small Business'? Tell the banks great. But they don't qualify for SBA backing. These are on you.

Barnes_Law Give them even more money. Fuck it, just give them all our money.

magat

BillyCorben Of course it's Bank of America and Wells Fargo...again

Well Obama was supposed to twach them a lesson but failed to do that. I’d love him back but this was his huge mistake.

BillyCorben And we are shocked why?

Anyone at all surprised that WellsFargo is in the mix yet again for doing the wrong thing?

Is anyone surprised?

Вот это я понимаю, а у нас министр крышует и объясняется за банки , как им тяжело, ни один банк не пошёл на встречу бизнесу .

No...

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 4. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Lawsuit claims 10 big banks rigged market for 'odd-lot' U.S. corporate bondsTen of the world's largest banks, including JPMorgan Chase and Bank of America, have been sued for allegedly conspiring over nearly 14 years to rig prices in the $9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars. No way! WHO warns : coronavirus PANDEMIC it's just a beginning !! Trust us, the worst is yet ahead of us...COVIDー19 Banks rigging the market? Never ever.
ソース: Reuters - 🏆 2. / 97 続きを読む »

Coronavirus Hasn’t Diminished Allure of Big Tech StocksBig technology stocks such as Netflix and Amazon are again charging to new heights and propelling the broader stock market, which is swiftly rebounding after a punishing selloff. Even chicken noodle soup has an expiration date, eh KeithMcCullough?
ソース: WSJ - 🏆 98. / 63 続きを読む »