Publicly Traded Companies Used PPP Money to Enrich Their Shareholders

REPORT: Publicly Traded Companies Used PPP Money to Enrich Their Shareholders[activstinvesting]Q2 2020 hedge fund letters, conferences and moreAt Least Five Publicly Traded Companies Spent PPP Money On Dividends Or BuybacksWASHINGTON, D.C.– A new analysis from government watchdog Accountable.US and previewed by the Washington Post looked back at publicly traded companies that took SBA Paycheck Protection Program (PPP) loans — and found that at least five companies spent or had planned to spend roughly $5.9 million on dividends or stock buybacks after receiving their PPP money.Accountable.US ca…

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HEDGE accordingly