Apr 25, 2020

Nassim Taleb on bailing out individuals vs. corporations

I think that it is a shame that companies that invested - buy their stocks rather than preparedness - that they benefit from my taxpayer money.  That's very shameful.  And that CEOs who got a lot of bonuses would get bailout money without having to claw back.  On the other hand, I think we should bail out individuals.  Not companies, individuals.  Taxpayers.

~ Nassim Taleb, CNBC interview with Andrew Ross Sorkin, April 24, 2020

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