The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Mark Cuban Drops the Hammer on Bailouts, Buybacks and Company Execs

by Daily Hodl Staff
March 19, 2020
in Futuremash
[the_ad id=”90130″]

Tech titan billionaire and Bitcoin skeptic Mark Cuban is calling on government officials to execute a smart fiscal plan that protects taxpayer dollars and supports American workers who are being hit hard by the pandemic.

In an interview with CNBC’s Squawk Box host Andrew Ross Sorkin, Cuban blasts government bail-outs that float corporations and enrich C-suite executives while leaving average workers dry.

As the Trump Administration puts together a trillion-dollar stimulus package, with the Senate passing a multi-billion dollar emergency plan on Wednesday that designates $500 billion in direct cash payments to Americans starting April 6, Cuban says the US government needs to get it right.

“Getting money into the system is a function of the Fed, and they’re obviously taking those steps right now. Two is when there’s a bailout. When there’s a bailout, and the government comes in and offers assistance to an organization or a public company is particular, whether it’s an airline – whatever it may be – there are most likely going to be steps taken by the company (and historically this is what has taken place) where they reward the executives. They reprice their options. They give them more stock. They give them options – whatever it may be.

Whatever it is that a company does for their executives, they should be required to proportionately do the same thing for everyone else that works for the company. Period, end of story – part one.

Part two, no buybacks. Not now, not a year from now, not 20 years from now. Not ever because effectively you’re spending taxpayer money to buyback stock. And to me that’s just the wrong way to do that.”

"No buybacks. Not now, not a year from now, not 20 years from now. Not ever." @mcuban on attaching terms to companies that need a government bailout during the #coronavirus outbreak. pic.twitter.com/MDzbWF2wFm

— Squawk Box (@SquawkCNBC) March 18, 2020

Sorkin, who chronicled the 2008 financial crisis, says the best stimulus plan would include “bridge loans”. In a New York Times op-ed, Sorkin writes,

“The government could offer every American business, large and small, and every self-employed – and gig – worker a no-interest ‘bridge loan’ guaranteed for the duration of the crisis to be paid back over a five-year period.”

Companies receiving such loans would be required, he writes, to ensure that they retain 90% of their work force to reduce the threat of job loss, with workers maintaining their salaries while they stay at home.

With interest rates near zero, Sorkin argues that there’s no better time to launch bridge loans, easing nerves and soothing fears over bankruptcy and unemployment, despite a hefty $10-trillion price tag to execute the plan.

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Benton Frizer/Kl Petro

Submit a Press Release

Industry Announcements

  • Aster Launches 24/7 Stock Perpetual Contracts Trading with Exposure to U.S. Equities
    July 16, 2025
  • The Sandbox Launches Largest LAND Sale to Date on GBM Auctions
    July 16, 2025
  • Vision (VSN) has arrived: the new standard for user-centric token ecosystems
    July 16, 2025
  • Snail, Inc. Announces Intent to Explore Proprietary USD-Backed Stablecoin
    July 16, 2025
  • MultiBank Group Announces Seven Million MBG Tokens Sold Out in Under One Hour During Initial Pre-Sale
    July 15, 2025
  • Allnodes Among First To Launch Bare Metal Servers Powered by AMD Threadripper 9000 Series
    July 15, 2025
  • Swarm Network Selects Walrus To Power Verifiable AI on Rollup.News
    July 15, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$119,276.96
$119,276.96
2.4%
Ethereum
$3,375.39
$3,375.39
11.06%
BNB
$706.97
$706.97
3.26%
Solana
$173.89
$173.89
8.12%
XRP
$3.05
$3.05
6.67%

Spotlight

  • Bitcoin Setup Suggests Explosive Rally Incoming, According to Analyst Who Called 2021 Crypto Top
    July 9, 2025
  • Goldman Sachs Abruptly Raises Targets for S&P 500, Predicts Fed Cutting Rates Earlier Than Expected: Report
    July 9, 2025
  • Investor Tom Lee Says Bitcoin Adoption Still in ‘Earliest Days,’ Predicts US Banks Will Soon Hold BTC As Collateral
    July 9, 2025
  • Bitwise CIO Reveals 4,000x Prediction, Says Ethereum, XRP, Solana and Others Will Be Impacted From One Booming Trend
    July 9, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl