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Mary Fowler
Chief Executive Officer
The Peoples Bank
Magnolia AR
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Original Message:
Sent: 04-21-2020 18:15
From: Barb Rehm
Subject: [Podcast]: Mark Cuban on Fixing PPP and Rebooting America
Mark Cuban pitches an alternative to the Paycheck Protection Program in this episode of Banking With Interest, a podcast hosted by my colleague Rob Blackwell. The billionaire entrepreneur, Dallas Mavericks owner, and Shark Tank star says it would be far more efficient to simply let small businesses overdraw their bank accounts to meet payroll, rent, and other expenses and then have the Fed repay the banks at the end of each day. Does this make sense? Would it work? Give a listen and let us – and Mark Cuban – know what you think. In the interview, Cuban says, "Feel free to tell me where I'm wrong. I want to learn." He specifically says he wants to hear from banks and invites your feedback at mcuban@gmail.com. Share your thoughts right here on Peer Intelligence, too.
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Barb Rehm
Senior Managing Director
Promontory Interfinancial Network, LLC
Arlington VA
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