• 'We're done providing free money from the sky': Shark Tank investor Kevin O'Leary says next stimulus should not include any aid to businesses

    14 days ago - By Business Insider

    "Shark Tank"/ABC
    Shark Tank star Kevin O'Leary says any further fiscal stimulus should not include PPP aid to businesses. The stimulus should include unemployment insurance for workers who will be displaced if their businesses shut down, the investor added. O'Leary said Monday's massive stock rally on news of a 90% effective coronavirus vaccine demonstrated there's plenty of liquidity for companies that have been hurt by the pandemic. "The market is providing all kinds of liquidity in lenders, and debt and equity," he said. "The airlines up 20 percent yesterday, let them issue shares if...
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