Memo: The Need for Accountable Bailouts - Warren’s Bailout Conditions are Both Necessary and Popular

Releasing in partnership with MoveOn.

By llya Sheyman, Ethan Winter, and Jacob Coblentz

Executive Summary:

  • The eight preconditions which Senator Elizabeth Warren released for any government bailout of companies affected by the financial crisis enjoy strong public support. 

  • Committing to no layoffs was the most popular of the eight policies, with 74 percent of voters in favor while 11 are opposed.

  • Seven of the eight policies, including adding workers to company boards, a $15 minimum wage and protections for collective bargaining all enjoy majority support, while the sole policy without majority support, a ban on stock buybacks still sees twenty points of net support.

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