Coronavirus (political)

[MTK]

Just reading that Harvard got $9M from the small business stimulus... wtf is going on here?? Why are publicly traded companies and a fucking university getting money from this?? Meanwhile the public is getting $1200 which barely covers rent or a mortgage for most people. Where the hell is our bailout??

[Schneed10]

Originally Posted by MTK

Just reading that Harvard got $9M from the small business stimulus... wtf is going on here?? Why are publicly traded companies and a fucking university getting money from this?? Meanwhile the public is getting $1200 which barely covers rent or a mortgage for most people. Where the hell is our bailout??

That seems weird. Do you happen to have the article to link? I only ask because it could be that Harvard is the parent corporation of a small business - it's common for universities to own little research companies or other little business ventures that grew from recent innovation. It could be that small business picked up the $9M and it's being reported as Harvard receiving as the parent corporation.

Still, your point stands, I don't think that's what we the public have in mind when we think of small business relief. We think of the pizza shop on the corner.

[MTK]

Originally Posted by Schneed10

That seems weird. Do you happen to have the article to link? I only ask because it could be that Harvard is the parent corporation of a small business - it's common for universities to own little research companies or other little business ventures that grew from recent innovation. It could be that small business picked up the $9M and it's being reported as Harvard receiving as the parent corporation.

Still, your point stands, I don't think that's what we the public have in mind when we think of small business relief. We think of the pizza shop on the corner.

Why Is Harvard Getting $9 Million In Stimulus Money When It Has A $40 Billion Endowment?