MSNBC The Last Word With Lawrence ODonnell March 24, 2020 02:23:30 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
the world s most feared investor. and that tells you a lot. no one is even pretending paul singer s tactics are good for anyone but paul singer and his fund. consider the case of delphi, the automotive parts supplier. during the last financial crisis, the consortium of hedge funds including singer s elliott management purchased delphi. with singer and the other funds at the helm, the company took billions of dollars in government bailouts paid for by you. obama s auto czar compared those tactics to extortion. but they continued anyway. once they had the bailout money, the funds moved most of delphi s jobs overseas and then either cut retiree pensions entirely or shifted the cost to taxpayers. with later financial commitments at home and cheap factories abroad, delphi s stock soared. according to investigative reporter greg palace of the 25 delphi plants when they started buying delphi s debt. only four were still operating in the united states by 2012. that means tens of thousands of u
you see farm bankruptcies rising. it s been really devastating for some of the communities and family farms trying to hold on. in some cases, the bailout money is not compensating them 100%. and the president is still s saying that the chinese are paying the tariffs. there s a redistribution of wealth now. another chapter in the lamar jackson story. it has been an entertaining one. andy sholes has that story in the bleacher report next. i need a ride.
that final traunch of bailout money for one athens and finally she managed to get short of breath to acquiesce on front that said to me we are seeing slow economic growth in the euro zone right now it s predicted at 1.2 percent which is rather and the make so she will have to try and you know get some consensus in terms of fiscal stimulus from euro zone governments but i think she will be in a good position to do so as a former french government minister and certainly we did see the markets rally yesterday both the german dax and from his care home when they heard the news about the gods appointment but in terms of how toolkit i do think we would see more of the same from draggy based on what you know we ve seen her say presiding over the i.m.f. before we re talking about gone buying programs for example the potential for negative interest rates we know germany doesn t like it but that could be well something that she does advocate for the guard was the 1st woman to run the wall for wh
with regards to greece and debt relief there when it was very reluctant to release that final traunch of bailout money for one athens and finally she managed to get short of breath to acquiesce on that front that said to me we are seeing slow economic growth in the euro zone right now it s predicted at 1.2 percent which is rather any make so she will have to try and you know get some consensus in terms of fiscal stimulus from euro zone governments but i think she will be in a good position to do so as a former french government minister and certainly we did see the markets rally yesterday both the german dax and from his care home when they heard the news about the guards appointment but in terms of tool kit i do think we would see more of the same from dragging based on what you know we ve seen her say presiding over the i.m.f. before we re talking about bond buying program as for example the potential for