Billionaire money manager Jeffrey Gundlach renewed criticism of the economic response to the global coronavirus crisis, saying Tuesday that bailouts should be considered “hate speech.”
The word “bailout” needs to be labeled “hate speech” directed toward every citizen who played by the rules.
— Jeffrey Gundlach (@TruthGundlach) April 21, 2020
The DoubleLine Capital chief executive officer said last month that he doubted if “bailouts of over leveraged companies” would sit well with the American people.
“If the Fed bails out everyone no one actually gets bailed out,” he wrote on April 9 in a separate tweet. “Think about it.”
© Copyright 2026 Bloomberg News. All rights reserved.