Judd Legum

@JuddLegum ↗

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Last Checked Dec. 12, 2020

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Thu Apr 23 15:13:55 +0000 2020

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Judd Legum @JuddLegum

For more accountability journalism, check out my newsletter, Popular Information. I'll be monitoring which public companies receive loans from the second round of funding, which will be available soon. Sign up --> https://t.co/TfpCIsWktO — PolitiTweet.org

Posted April 23, 2020 Hibernated

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Judd Legum @JuddLegum

YESTERDAY, I reported that 32 public companies who paid their CEOs $1M or more received PPP loans intended for struggling small businesses TODAY, the Treasury Department says most public companies are likely ineligible for PPP loans https://t.co/HVikrOtIUb https://t.co/CMnvshgAtH — PolitiTweet.org

Posted April 23, 2020 Hibernated

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Judd Legum @JuddLegum

At issue is the requirement that all companies certify "this loan request necessary to support the ongoing operations of the Applicant." Treasury says public companies "with substantial market value and access to capital markets" can't do that. https://t.co/HVikrOtIUb — PolitiTweet.org

Posted April 23, 2020 Hibernated