@bowie
Bowie Rowan
@bowieΒ Β·Β 0:50

Coronavirus Relief Fraud πŸ“°

article image placeholderScathing SBA watchdog report details β€˜pervasive’ fraud in coronavirus disaster-loan program
But I would love to hear other perspectives and more information by people who maybe are a little more knowledgeable about this or have strong opinions. Thanks

What's next? #coronavirus #covid19 #news #fraud https://s.swell.life/SSHrOwqOXplqmic

@Phil
phil spade
@PhilΒ Β·Β 4:40

1 a huge program 2 mnuchin is not the guy 3 no oversight or transparency

I think it was 521,000,000,000 as reported by the Spa 521,000,000,000 in loans. That's a huge, huge program, and it had to be rolled out quickly. And I don't know that you can roll out a program of that size and magnitude quickly without there being repercussions like this. You can't really define the program. You don't have time to define the program. And if you remember, back in March and April, banks weren't even clear how to put up the application for this
@bowie
Bowie Rowan
@bowieΒ Β·Β 1:54

@Phil what can citizens do to push for more oversight?

I understand maybe there isn't really an easy answer to this one, but since we do have an election coming up, I'm just curious to hear your thoughts on this, especially because I feel like you're more knowledgeable about the particular players right now, definitely more than I am. And so I would just love to hear any thoughts. Also, if you have any suggestions for ways in which I could further educate myself as well. This is a huge help. So looking forward to hearing more
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