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IPFS News Link • Welfare: Corporate

"Let Them Fail" - Billionaire Explains To Gobsmacked CNBC Host...

• https://www.zerohedge.com, Tyler Durden

In terms of drama, CNBC is usually pretty staid. But every once in a while, there's a fight, or a contentious interview, that really grabs people's attention. On Thursday, such a confrontation occurred during "the Halftime Report" as Scott "The Judge" Wapner interviewed early Facebook investor and uber-wealthy VC investor Chamath Palihapitiya.

Wapner brought up the question of the bailouts for main street and corporate America that the Trump Administration has packaged as part of its $2.2 trillion plan. Palihapitiya raised an issue with the program, arguing that the administration would be using taxpayer money to prop up "zombie companies."


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