a snippet:
‘Who cares? Let ’em get wiped out’: Stunning CNBC anchor, venture capitalist says let hedge funds fail and save Main Street
Published 23 hours ago on April 10, 2020By Jake Johnson, Common Dreams
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“And right now, rich CEOs are not, boards that had horrible governance are not, hedge funds are not. People are,” said Palihapitiya. “Six million people just this week alone basically saying, ‘Holy mackerel, I don’t know how I’m going to make my own expenses for the next few weeks, days, months. So it’s happening today to individual Americans. And what we’ve done is disproportionately prop up and protect poor performing CEOs, companies, and boards. And you have to wash these people out.”
Palihapitiya’s interview quickly went viral on social media.
http://www.rawstory.com/2020/04/who-cares-let-em-get-wiped-out-stunning-cnbc-anchor-venture-capitalist-says-let-hedge-funds-fail-and-save-main-street/?fbclid=IwAR0vUUTxvDSLMzY30uhVZSNek_FqXZAw5XKhb5eMuwSEntfAHTzbBXCMzYs
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