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| Topic | US trucking firm Yellow to declare bankruptcy, hasn't repaid $729M covid loans |
| thronedfire2 07/31/23 8:18:51 PM #11: | Today, the Select Subcommittee on the Coronavirus Crisis, chaired by Rep. James E. Clyburn, released a staff report that lays out troubling new evidence regarding the Trump Administrations approval of a $700 million loan under the Coronavirus Aid, Relief and Economic Security (CARES) Act program for companies critical to maintaining national security. This loan to trucking company YRC Worldwide Inc. (now named Yellow Corporation) represented 95% of the total funds disbursed under the CARES Act national security loan program. um, what? there's no possible way that can be correct. I know of this company and I see their trucks hardly ever. --- I could see you, but I couldn't hear you You were holding your hat in the breeze Turning away from me In this moment you were stolen... ... Copied to Clipboard! |
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