At the time, government officials said the potential economic emergency posed by the pandemic shutdowns of 2020 necessitated a quick loans — despite the likelihood of fraud.
"There is something to that argument, especially when it's applied to the very early weeks of the program," says Sam Kruger, an assistant professor of finance at the University of Texas who has studied pandemic fraud. But he says the data analysis behind this new report shows the government did have the ability to tighten up the system.
I wonder who keeps insisting on deregulating the system. That turned out to be a bad move.
skulblaka