Arkansas senator blasts WeWork at hearing: Adam Neumann ‘is the reason people in America are open to socialism’
|12/11/2019||Posted by BusinessMediaguide.Com under General World News||
- Arkansas senator Tom Cotton derided WeWork founder Adam Neumann’s leadership at a Tuesday hearing. He also blasted law firms and Wall Street, saying they contributed to WeWork’s fall.
- Cotton asked Securities and Exchange Commission chairman Jay Clayton if the agency would investigate WeWork and Neumann and said the SEC should put processes in place to catch similar problems earlier.
- The senator said Neumann’s poor leadership is an example of why voters are drawn toward socialism.
- For more stories on WeWork, click here.
Arkansas senator Tom Cotton spent five minutes at a Senate hearing on Tuesday blasting WeWork cofounder Adam Neumann’s leadership.