Saturday, November 16, 2019

Billionaire Tears

"'The vilification of billionaires makes no sense to me,' Cooperman told CNBC. He called her policies 'idiocy' and said it was 'appealing to the lowest common denominator, and basically trying to turn people's heads around by promising a lot of free stuff'.
"Warren responded with a tweet, saying: 'One thing I know he cares about–his fortune. He's a shareholder in Navient, a student loan company that has cheated borrowers and used abusive, misleading tactics. He even went so far as to ask how I might impact his investment in the last earnings call with Navient.'"


Dominic Rushe at The Guardian discusses the "great plute freakout of 2019."

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