“You would work with the banks to designate, here’s my rent, here’s my landlord that I write checks to, here’s my utilities that I write checks to, here’s what I do for payroll,” Cuban said. “And for those checks, they won’t bounce.”
Regarding large corporations, including airlines, which are in line for millions or billions of dollars in federal help, Cuban called for a hard line, and strings attached.
“This is taxpayer money. So I’m not saying don’t give them money, but there needs to be terms and conditions that really put the taxpayer first,” he said. “Let’s ask for equity. Let’s ask for equity kickers.”
This article was provided by Bloomberg News.