Washington’s plans to dole out billions of dollars to companies crushed by the coronavirus are helping liberal stalwarts like
The Massachusetts senator and other Democrats are demanding that any bailouts -- particularly one for airlines -- come with strings attached. In press statements, television interviews and on Twitter, they’ve laid out their stipulations for companies that accept funds: permanent bans on repurchasing shares, curbs on CEO compensation and pledges to stand by deals struck with labor unions to protect workers’ rights.
For corporate America, it ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.