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You don't give away that much money without changing the places and institutions and people you give it to, sometimes for the worse. Zuckerberg should already know this. In 2010, he donated $100 million to the Newark Public Schools on a promise from Cory Booker that he could, according to Dale Russakoff's The Prize , "flip a whole city."
No company is built alone,” Cuban told Fortune of his motivation in giving his employees a share of the sales. Workers for HDNet, or what became AXS TV, raked in less when Cuban sold his ...
The paycheck protection program, intended to save struggling small business, included a loophole that allowed restaurant companies as large as McDonald's to receive millions of dollars in loans.
The most generous among America's richest billionaires give away more than 10% of their fortunes. Some of them are doing their best to give away all of it — or at least as much as they can while...
Corporate welfare policy and the welfare state: Bank deregulation and the savings and loan bailout (Aldine de Gruyter, NY, 1997). Whitfield, Dexter. Public services or corporate welfare: Rethinking the nation state in the global economy (Pluto Press, Sterling, Va., 2001.) Folsom Jr, Burton W. The Myth of the Robber Barons (Young America)
World’s richest man and government official Elon Musk accused federal workers of unfairly getting rich off the taxpayer’s dime, citing, without evidence, “quite a few” with a net worth of ...
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
To back the Bank of Boston loan, Lurie put up millions of dollars worth of personal stock in Harcourt General and GC Companies Inc. as equity. [9] He and his mother also put up stock in the family trust as collateral so Lurie could borrow the rest. [9] In 2017, Forbes valued the Eagles at $2.65 billion, ranking them 10th among NFL teams in ...