Joe calls for a one-year moratorium on stock buybacks.

[Tom Rinaldo]

3. This is Good. But it is not good enough for firms accepting Bail Out funds

As general guidance for responsible "corporate citizens" (remember, Corporations Are People Too!) a one year only moratorium on stock buy backs for corporations that accept Billions of dollars in pending government bailouts would be woefully inadequate, verging on should be criminal. Given that this is now a hot topic of political debate inside of Congress, I hope Biden clarifies his remarks to state that conditions for accepting government bailouts must be much stronger than this proposed standard for ordinary good business practice in the time of a national emergency.