Let’s Talk About Bailouts “¦

Let’s Talk About Bailouts “¦

Later today, Wall Street bank chiefs will meet with the White House to discuss the fallout from the coronavirus and what they can do about it.. We'll be hearing a lot about the idea of plowing taxpayer money into the U.S. economy as the damage - human and financial - from the coronavirus outbreak leads to a conversation about government bailouts, Andrew writes in his latest column .. “¢ Shale companies are hurting from the plunge in the oil prices, but federal aid for the sector would be highly controversial .. “¢ Other ideas include using federal aid to cover states' Medicaid costs and underwriting small business loans.. Conserving cash is crucial, and the airline chiefs all said that they had enough on hand.. American, Delta, United and Southwest spent a collective $6.8 billion on share repurchases last year, up from $5.7 billion in 2018.. The firm isn't too worried about the coronavirus “¦ but is telling start-ups to look after employees and make sure the companies have enough cash to ride out a tough fund-raising environment. ". The company also plans to cut capital expenditures this year to as little as $3.5 billion, down from a maximum