I was told that the CARES Act was a giant give-away to private equity. https://twitter.com/TheStalwart/status/1253273519015821314
Also please send this thread to anybody who uses the term "moral hazard" with respect to corporate support in the current crisis, which they're simply copy-pasting from 2008 incorrectly. https://twitter.com/xvrmdf/status/1253270478845812737
If you're going to make liquidationist arguments, that's fine or whatever but words have meanings people.
You can follow @pearkes.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: