Beware of robber banks (RB), bad advisors.
-
Lawmakers and White House agree to $2 trillion coronavirus stimulus bill after marathon negotiations
The package includes direct deposits for all Americans, $367 billion for loans to small businesses and an unprecedented program that will allocate $500 billion to the Treasury Department. Some of that money will be used to guarantee a Federal Reserve loan program for small and medium-size businesses. Larrry Kudlow, director of the White House’s National Economic Council, said the funds could be leveraged into $4 trillion of lending through the Fed. Most adults would receive direct payments of $1,200, while children would see $500 checks. Hospitals would receive some $150 billion under the deal and small businesses ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Mar 25, 2020 1:40am Mar 25, 2020 1:40am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
- Comment #2
- Quote
- Mar 25, 2020 1:42am Mar 25, 2020 1:42am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
- Comment #3
- Quote
- Mar 25, 2020 2:55am Mar 25, 2020 2:55am
- Guest
- | IP XX.XXX.137.39