Faculty News
Professor Scott Galloway weights in on the state of the economy amid the coronavirus pandemic, asserting that companies that use bailout money for stock buybacks should be allowed to fail
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Excerpt from MarketWatch -- “'Let’s not have capitalism on the way up and then when we hit a crisis we have the worst type of socialism, we have cronyism,' Galloway said, pointing out that, going forward, companies using most of their bailout money for stock buybacks should be allowed to fail.
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