Barstool Sports founder Dave Portnoy criticizes federal regulators for bailing out 'bad businesses,' claiming that nobody rescues him when he runs out of money.
Barstool Sports founder Dave Portnoy says banks shouldn't be rescued for doing 'bad business,' and discusses sports industry hot topics.for now-insolvent Silicon Valley Bank, which he calls a "bad business."
Barstool Sports founder Dave Portnoy argues banks shouldn't be rescued"because you're running a bad business" on"Varney & Co." Thursday, March 16, 2023., the bank had said. The majority of its clients were part of Silicon Valley’s long-established tech industry.
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