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Harvard gets $9 million (despite their $41 billion endowment)

#11

(04-20-2020, 11:25 AM)p_rushing Wrote: The issue is anyone with 500 or less employees at a location was able to get money that was meant for small businesses.

All businesses needed the money though or they would fire people. The issue is most businesses don't care how much cash they have sitting around. It is all about the stock price and as soon as revenue goes down, you have to cut costs so the stock price doesn't go down and the C suite's bonuses don't get effected. It's the one bad thing about capitalism where once you lose your moral compass it can become almost as bad as socialism. Most of the largest companies could have just covered their employees like struggling small businesses are trying to do because they treat their employees like family. Most of the large companies won't though because again all the C suite cares about is the shareholders, none of the other stakeholders that actually drive the stock price matter.

That's partially true.  The thing is that many "chain" restaurants (as well as other businesses) are franchises.  I know a guy that has a FedEx franchise that employs roughly 15 people.  Under the rules he qualifies for the aide should he choose to apply for it.  At least that is my understanding.


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RE: Harvard gets $9 million (despite their $41 billion endowment) - by jagibelieve - 04-20-2020, 01:37 PM



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