Senator Tom Cotton also chastised law firms and Wall Street, accusing them of aiding and abetting WeWork and contributing to its fall.
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.
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.
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