Judd Legum

@JuddLegum ↗

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Last Checked Dec. 13, 2020

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Mon Apr 27 12:31:41 +0000 2020

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Judd Legum @JuddLegum

6. Monty Bennett is not done raiding the small business fund for cash. His companies already have $96 million but, according to a corporate "fact sheet," they've applied for ANOTHER $30 MILLION. https://t.co/LBu8LX2pcY — PolitiTweet.org

Posted April 27, 2020 Hibernated

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Judd Legum @JuddLegum

5. Will these funds sent to Monty Bennett be used to pay hotel employees? It doesn't appear that way. The company says it does not believe it will qualify for loan forgiveness. That suggests the bulk of the money will not be spent on payroll. https://t.co/LBu8LX2pcY — PolitiTweet.org

Posted April 27, 2020 Hibernated

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Judd Legum @JuddLegum

7. Last week, the Treasury Dept said that it is “unlikely” that any public company “with substantial market value and access to capital markets” qualifies for the loans. It warned of "severe consequences" for ineligible companies that kept the money https://t.co/LBu8LX2pcY — PolitiTweet.org

Posted April 27, 2020 Hibernated