Mark Cuban says bailed out companies should never be allowed to buy back their stocks ever again

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Mark Cuban says bailed out companies should never be allowed to buy back their stocks ever again
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'Not now. Not a year from now. Not 20 years from now. Not ever,' the billionaire investor told CNBC on Wednesday.

told CNBC on Wednesday that companies that get federal assistance in response to the coronavirus crisis should be prevented from buying back stock ever again.Squawk Box

He also said, "Whatever we do in a bail out make sure that every worker is compensated and treated equally — in that the executives don't get rewarded extra to stick around because they got nowhere else to go"between executives and workers. "If we are going to bailout companies we need to make sure all employees benefit from a turnaround, not just execs," Cuban said on Twitter.

Cuban's appearance Wednesday comes one week after the NBA indefinitely suspended its season after a Utah Jazz player tested positive for COVID-19.

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