COVID Stimulus Watch Individual Entry
Recipient Company:
PRUDENTIAL FINANCIAL INC
Loan or Loan Guarantee Amount:
$1,059,065
Recipient Details
Ownership Structure: publicly traded (ticker symbol PRU)
Award Details
Award Date: Jul 10, 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: Prudential Financial
Headquartered in: New Jersey
Parent Sector: financial services
Parent Industry: insurance
Employees (prior to pandemic): 51,511
Accountability Issues Since 2010
Employment-related Penalties: $61,634,342
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $9,000
Consumer Protection / Financial / Competition-related Penalties: $82,742,361
Ratio of CEO Pay to that of Median Worker: 136 to 1
CEO Compensation: $15,132,939
Worker Median Pay: $111,499
Total Federal, State, and Local Subsidies: $445,855,111
Federal Corporate Income Tax Rate: -14.6%
Violation Tracker
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues