COVID Stimulus Watch Individual Entry
Recipient Company:
Precision Castparts Corp
Loan or Loan Guarantee Amount:
$1,121,256
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: BRK.B)
Award Details
Award Date: Oct 8, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Berkshire Hathaway
Headquartered in: Nebraska
Parent Sector: diversified
Parent Industry: diversified
Employees (prior to pandemic): 391,500
Accountability Issues Since 2010
Employment-related Penalties: $3,097,014
Government-contracting-related Penalties: $2,700,000
Environmental / Healthcare / Safety Penalties: $83,366,741
Consumer Protection / Financial / Competition-related Penalties: $60,254,423
Total Federal, State, and Local Subsidies: $1,359,013,930
Violation Tracker
CEO Pay Issues