Covid-19 will change capitalism forever, says Lynn Forester de Rothschild
Lynn Forester de Rothschild, founder of the Coalition for Inclusive Capitalism, says that companies that tap U.S. relief packages must be more transparent about how they will protect the well-being of their workers and customers. She joins “Squawk Box” to discuss.
Fri, May 1 20207:33 AM EDT
https://www.cnbc.com/video/2020/05/01/covid-19-esg-capitalism-business-bailouts-forester-de-rothschild.html
Criminals have stolen nearly $100 billion in Covid relief funds, Secret Service says
Published Tue, Dec 21 20211:03 PM ESTUpdated Tue, Dec 21 20214:56 PM EST
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Criminals have stolen close to $100 billion in pandemic relief funds, the U.S. Secret Service said Tuesday.
The stolen funds were diverted by fraudsters from the Small Business Administration’s Paycheck Protection Program, the Economic Injury Disaster Loan program and a another program.
Recovered funds include more than $400 million from PayPal and Green Dot Corporation. The government has shelled out about $3.5 trillion in Covid relief money since early 2020, when the pandemic began.
https://www.cnbc.com/2021/12/21/criminals-have-stolen-nearly-100-billion-in-covid-relief-funds-secret-service.html