> In the interview, Mnuchin also said many companies are ceasing stock buybacks and are likely to use the additional capital to retain workers.
So they are on the honor system.
> Some experts disputed that assertion. “Some companies have ceased buybacks and dividends and some haven’t. We shouldn’t have to keep our fingers crossed,” Gelzinis said.
Is there a public list of the companies that took the aid?
Absent real restrictions on the loans, the next best option might be a website that shows the amount borrowed by those companies next to any layoffs, dividends, exec bonuses, or share buybacks they did while taking the loans.
So they are on the honor system.
> Some experts disputed that assertion. “Some companies have ceased buybacks and dividends and some haven’t. We shouldn’t have to keep our fingers crossed,” Gelzinis said.
Is there a public list of the companies that took the aid?
Absent real restrictions on the loans, the next best option might be a website that shows the amount borrowed by those companies next to any layoffs, dividends, exec bonuses, or share buybacks they did while taking the loans.