4 ms·
> Crafting a targeted policy would have been hard, expensive and slow. How about simply stating that any firm paying dividends to shareholders or bonuses to ex
by jsmeaton 5y ago
> Crafting a targeted policy would have been hard, expensive and slow.
How about simply stating that any firm paying dividends to shareholders or bonuses to execs could not have the loan forgiven? It wouldn't be perfect but it'd cut out the most egregious snakes. Hindsight yadda yadda.
The same thing happened in Australia. Cash to businesses who could show an impact by Covid, but a lot of that money went towards bonuses and dividends. Crazy.
- sumedh 5y ago> How about simply stating that any firm paying dividends The people who write these laws know they can add such clauses but they wont because who is going to complain about it. Most people dont care.