And by the way, those are the rules of the game.
Got a confidential news tip?
"Investors piled into mega-cap technology companies this year for their insulation from the global health crisis. Who cares? Chamath Palihapitiya Blasts Fed for Bailing Out Billionaires and CEOs Amid Pandemic By Sissi Cao • 04/09/20 4:04pm Chamath Palihapitiya is an … ""Who Cares? Investor Chamath Palihapitiya said Wednesday that the United States should continue sending Americans checks as the coronavirus pandemic … "With governments crippled economically because of the pandemic, they will search for as many new 'do no harm' forms of revenue," he said on Twitter. Got a confidential news tip? Chamath Palihapitiya says Tesla’s renewable energy push could make it worth trillions. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. That could make Elon Musk's … “On Main Street today, people are getting wiped out.
Venture capitalist Chamath Palihapitiya stunned CNBC anchor Scott Wapner and generated widespread applause on social media by declaring in a television interview Thursday that the U.S. government should let hedge funds and billionaire CEOs “get wiped out” by the coronavirus-induced economic collapse and instead focus its attention on rescuing Main Street. People are," Palihapitiya, an early "What we've done is disproportionately prop up poor-performing CEOs and boards, and you have to wash these people out." A CNBC interview going viral on Friday shows a venture capitalist urging the government not to bail out billionaires and hedge funds and instead let them "get wiped out." Let 'Em Get Wiped Out": Stunning CNBC Anchor, Venture Capitalist Says Let Hedge Funds Fail and Save Main StreetPalihapitiya responded that "on Main Street today, people are getting wiped out. Social Capital CEO Chamath Palihapitiya told CNBC that Tesla should be looked at for its renewable energy components.
"Got a confidential news tip? People are,” Palihapitiya, an […] We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services.
That's right. These are the people that purport to be the most sophisticated investors in the world. "For customers, regulation could slow down their velocity of spend," Palihapitiya said. And what we've done is disproportionately prop up and protect poor performing CEOs, companies, and boards. Chamath Palihapitiya, founder and CEO of investment firm Social Capital, told CNBC on Thursday that the economic implications of COVID-19 will …
Chamath Palihapitiya, founder and CEO of investment firm Social Capital, told CNBC on Thursday that the U.S. shouldn’t be bailing out billionaires and hedge funds during the coronavirus pandemic. Chamath Palihapitiya, founder and CEO of investment firm Social Capital, told CNBC on Monday that the economic implications of COVID-19 will hit the middle class the hardest. The farewell to civil rights icon John Lewis by "a stick-swinging, Old-Testament Obama" was a rousing call to action and tribute to "the ways ordinary people can change the world...America was built by John Lewises.” More soul-stirring yet was Lewis' own grace-filled farewell to us all, and especially young people: "Though I may not be here with you, I urge you to answer the highest calling of your heart and stand up for what you truly believe. (Photo: Mike Windle/Getty Images for Vanity Fair)"On Main Street today, people are getting wiped out.
We are independent, non-profit, advertising-free and 100% reader supported.Common Dreams is a small nonprofit with a big mission. Every day of the week, we publish the most important breaking news & views for the progressive community. Feel free to republish and share widely. People are," said Palihapitiya.
""Why does anybody 'deserve,' using your word, to get wiped out from a crisis created like this?" We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services. They don't get to summer in the Hamptons?
"If anything what happens is the people who have the pensions inside the companies, the employees of these companies, end up owning more of the company. "On Main Street today, people are getting wiped out. Right now, rich CEOs are not, boards that have horrible governance are not. "Just to be clear on who we are talking about.
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