New relief bill again favors big corporations- in the name of Small Business.
https://www.huffpost.com/entry/coronavirus-small-business-loans-
https://prospect.org/coronavirus/unsanitized-federal-reserve-bailout-transparency/
Banks Steered Richest Clients to Federal Aid, NYT.
https://www.nytimes.com/2020/04/22/business/sba-loans-ppp-coronavirus.html?
Banks made $10 billion from relief bill
https://www.huffpost.com/entry/coronavirus-small-business-loans-
https://prospect.org/coronavirus/unsanitized-federal-reserve-bailout-transparency/
Banks Steered Richest Clients to Federal Aid, NYT.
https://www.nytimes.com/2020/04/22/business/sba-loans-ppp-coronavirus.html?
Banks made $10 billion from relief bill
Banks handling the government's $349 billion loan program for small businesses made more than $10 billion in fees — even as tens of thousands of small businesses were shut out of the program, according to an analysis of financial records by NPR.
https://www.npr.org/2020/04/22/840678984/small-business-rescue-earned-banks-10-billion-in-fees
The Tax-Break Bonanza Inside the Economic Rescue Package
As small businesses and individuals struggle to obtain federal aid, the wealthiest are poised to reap tens of billions of dollars in tax savings.
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