Sep
8
2020

CARES Act Monies Go to Companies that Have Defrauded Uncle Sam, Stolen Wages, Broken Health & Safety Rules

More than 43,000 businesses and non-profit organizations that received CARES Act funds have a history of misconduct, collectively paying $13 billion to settle civil and criminal penalties over the last decade.

Jun
29
2020

State Enforcement Actions Against Financial Sector Misconduct Have Yielded $17 Billion in Company Penalties

A new compilation of regulatory enforcement actions shows that states have collected more than $17 billion in penalties from financial services companies over the past two decades. Most of that sum comes from cases brought by New York State against major U.S. and foreign banks

May
11
2020

Covid Stimulus Watch Adds 5,000 Healthcare Provider Awards

Covid Stimulus Watch, the website created by Good Jobs First to help monitor CARES Act aid to corporations, has just grown tenfold with the addition of 5,000 entries involving healthcare providers. The new entries are an enhanced version of a recipient list posted late last week by the Department of Health and Human Services for the Provider Relief Fund created by the CARES Act.

May
7
2020

Should Taxpayers Aid Corporate Bad Actors?

The uproar over the participation of larger companies in the Paycheck Protection Program is a sign that the country will increasingly confront a broader issue about the massive Covid-19 relief effort: does every company deserve assistance during a crisis that affects all parts of the economy?

Apr
30
2020

Covid Stimulus Watch: New Website Documents Accountability Track Records of CARES Act Recipients

Amid continuing controversy over some of the companies receiving federal financial assistance under the Paycheck Protection Program, a new website launched today makes it easier to see the accountability track records of companies getting help through the PPP and the other programs authorized by the massive CARES Act.