The COVID-19 Corporate Hall of Shame

After the Fed announced that it would pour billions into the corporate debt market during the COVID-19 pandemic, corporate debt sales soared. America’s largest corporations took this opportunity to cash out, receiving multi-billion-dollar loans in the market.

Many of the same corporations proceeded to pay their CEOs millions, send massive payouts to shareholders, and lay off thousands off workers. We thought this was shameful, so we decided to create a running list of the worst offenders. Here are a few.

Boeing

Chevron

Honeywell

Exxon

Marriott International

Coca-Cola