Ocasio-Cortez Sides With Buffett on How Errant CEOs Should Pay
- Democrat says those who crashed economy are still influential
- Shareholders foot the bill when banks bailed out, Buffett says
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Representative Alexandria Ocasio-Cortez on Saturday leveled another attack on corporate politics, influence and greed -- this time embracing comments made recently by the U.S.’s third-richest person, Warren Buffett.
The freshman New York Democrat retweeted a CNBC article about how the Berkshire Hathaway chairman recently told shareholders that if a bank needs a government bail-out, the responsible CEO and his or her spouse should lose their net worth.