Thank You Speaker Pelosi. "Veritas, one of San Francisco's biggest landlords, to return a $3.6 milli

[Budi]

https://www.sfchronicle.com/business/amp/SF-landlord-Veritas-responds-to-Pelosi-s-demand-15276352.php

House Speaker Nancy Pelosi called Saturday for Veritas, one of San Francisco’s biggest landlords, to return a $3.6 million Paycheck Protection Program loan that was intended to help small businesses cover expenses and retain workers during the coronavirus pandemic.

“PPP loans should be directed first and foremost to the small businesses with the greatest need, particularly minority, women and veteran-owned businesses that are struggling,” Pelosi said in a statement. “Larger companies like Veritas, one of San Francisco’s largest corporate real estate management firms, which has billions in assets and access to liquidity through other sources, were not the intended beneficiaries of PPP loans.”

Veritas Investments, which manages more than 250 San Francisco properties and has a $3 billion real estate portfolio, issued a statement Sunday that said it plans to repay the loan within the two years allotted by the federal government.
MORE....

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OK, question:
Isn't Vetitas connected somehow to Trump campaign?
Just sounds familiar..
🤔

[PoliticAverse]

1. So they are keeping the loan amount.

"Veritas ... , issued a statement Sunday that said it plans to repay the loan within the two years allotted by the federal government."

[Igel]

3. Yeah, so it seems.

They're as entitled to it under the law as anybody else who applies and gets the loan.

That's what the law says they're entitled to do, and the House and Senate both passed it and it was signed into law. Just over 8 weeks ago.

[Celerity]

7. yep, still takes millions of dollars off the table that could go to help small, struggling firms

that don't have any access the billionaire classes' endless lines of credit

pack of fuckers

and just watch

long after this is forgotten, they will somehow, in the dark of night, massage the books to avoid paying back large chunks of thsi and future takings

[Cirque du So-What]

2. Perhaps you're thinking of Project Veritas

the hidden video scam run by shitweasel James O'Keefe. In both cases, the usage of 'veritas' is a perversion of truth.

[Budi]

4. Ugh! Yes, O'Keefe & Project Veritas.

ick

[TeamPooka]

5. There's nothing to thank here. Except to call out Veritas greed

[napi21]

6. I'd be more inclined to believe Veritas if they said "tennants are unable to pay their rent because

of the virus so we need the loan to tide us over until those people can get back to work and back to paying rent in timely manner. Tey didn't say that! I think iot needs to get al closer look to see how the $$ is flowing at that company and what their $$ needs really are.

[Thekaspervote]

8. Once again madam speaker wields her ninja sword. Where would we be without her?