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PPP Was a Fraudster Free-for-All, Investigators Say - WSJ

Given the limited criteria Congress set for the program, he said, “The scandal is what’s legal, not what’s illegal.”

This was the risk and it was discussed at the time. Programs can ramp up quickly to get money out fast or they can ramp up slowly and prevent fraud.

The decision was the economy needed liquidity and so they chose the former.

Not saying it was the right call, but this fake surprise many months later is a bit disingenuous.

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