EPISODE · Apr 16, 2020 · 31 MIN
Who Deserves a Bailout?
from Squawk Pod · host CNBC
Former Administrator of the 9/11 Compensation Fund Ken Feinberg warns Americans to avoid drawing parallels between the Covid-19 pandemic and previous crises in history. He explores the moral hazard of supporting an economy reeling from an unexpected tragedy. Chairman of IAC Corp. Barry Diller expects the U.S. to come back to life in six months or possibly longer, but to get there, he says Americans will have to overcome their fear. In the meantime, everyone should get a bailout. Plus, Joe, Becky, and Andrew discuss what it will take to reopen the country and to keep it running. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
Former Administrator of the 9/11 Compensation Fund Ken Feinberg warns Americans to avoid drawing parallels between the Covid-19 pandemic and previous crises in history. He explores the moral hazard of supporting an economy reeling from an unexpected tragedy. Chairman of IAC Corp. Barry Diller expects the U.S. to come back to life in six months or possibly longer, but to get there, he says Americans will have to overcome their fear. In the meantime, everyone should get a bailout. Plus, Joe, Becky, and Andrew discuss what it will take to reopen the country and to keep it running.
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Who Deserves a Bailout?
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