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CNBC anchor flummoxed when investment firm CEO says US shouldn't bail out billionaires

U.S. shouldn't bail out hedge funds, billionaires during coronavirus pandemic: Chamath Palihapitiya

Chamath Palihapitiya, CEO of investment firm Social Capital, doesn’t think the US should be propping up billionaires and hedge funds during the coronavirus pandemic, but should instead be focused on helping people on Main Street, who “are getting wiped out.” The perplexed reaction from this CNBC anchor is fascinating.

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