Clip

The Airline Bailout Needs to be a Wipeout of Equity
listen on SpotifyListen on Youtube
54:09 - 58:23 (04:14)

A large portion of the airline industry's free cash flow went towards buying back stocks, which only benefits CEO pay rather than the company's stability. The bailout needs to be a wipeout of equity rather than rewarding those who took advantage of the financial system.

Similar Clips