Mark Cuban On Virus-Bailouts: “No More Buybacks. Not Now, Not A Year From Now. Not Ever.”
Mark Cuban appeared on CNBC this morning to talk about the idea of the Fed and the Treasury collectively bailing out the entire economy. Ostensibly still disgusted from The Great Recession, where zero executives were held accountable and most of the Fed’s TARP money went to line the pockets of executives and widen the inequality gap, Cuban had some choice words – and some good ideas – for what life should be like post-bailouts and after the coronavirus crisis ends.