Chris Cuomo: “I’m basically being perceived as successful in a system that I don’t value”
"...poor moral judgment..." and "...a complete abomination..."
Speaking to a (literally) empty congregation at St. Patrick’s Cathedral in New York City (but virtually streamed), Cardinal Timothy Dolan earlier today
"...when politically-powerful zombie firms (with far too much debt) successfully lobby for handouts when times get tough."
"On Main Street...people are getting wiped out..." but "...a bunch of billionaire family offices...they don’t get the summer in the Hamptons?”
"The Fed has made it clear that it will not tolerate prudent and responsible investing."
"happy days are here again Wall Street impression versus...people saying,‘Can I get a mask? How do I get a mask?"
"...a collective yawn in response to discussion of fiscal responsibility."
"...the theory that they can borrow money from their larger and deep-pocketed private-equity backers, rather than taxpayers."
"You compare it to the older generations — they worked up and saved money,”
"...fact that a substantial part of their current financial problem is of their own making."
"Failing to take dramatic action now...would be a wildly imprudent thing"
It’s perhaps a minor example in the grand scheme of things, and especially given what’s likely to come, but the early signs
"Coronavirus stimulus will make Mnuchin 'one of the most powerful Cabinet members in modern history'"
"inability to make a decision about one's own life, but OK with looking at other people's lives in order to complain"
"...some will get their money back (and then some) for the risks they took, while others will not..."