Large public companies are taking small businesses payroll loans

Hundreds of millions of dollars of Paycheck Protection Program
emergency funding has been claimed by large, publicly traded companies,
new research published by Morgan Stanley shows.In fact, the U.S.
government has allocated at least $243.4 million of the total $349
billion to publicly traded companies, the firm said.

Publisher: CNBC | Author: Thomas Franck

TAGS
aid package, covid-19, governance, and trump agenda
DATE PUBLISHED
2020-04-24 (Modified: 2020-04-23)

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