Warren’s War on Corporate Greed Boosted by Looming Bailouts (1)

March 19, 2020, 11:09 PM UTC

Washington’s plans to dole out billions of dollars to companies crushed by the coronavirus are helping liberal stalwarts like Elizabeth Warren make headway in their long-standing war on stock buybacks and soaring executive pay.

The Massachusetts senator and other Democrats are demanding that any bailouts -- particularly one for airlines -- come with strings attached. In press statements, television interviews and on Twitter, they’ve laid out their stipulations for companies that accept funds: permanent bans on repurchasing shares, curbs on CEO compensation and pledges to stand by deals struck with labor unions to protect workers’ rights.

For corporate America, it ...

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