Cramer: Don’t dismiss Sen. Elizabeth Warren’s ideas as bad for companies [CNBC]
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Source: CNBC
show chapters While Senator Elizabeth Warren's economic policies are known to spark divisive reactions, CNBC's Jim Cramer thinks that investors shouldn't be too quick to write off her ideas. On Wednesday, the Democratic Senator from Massachusetts sat down with Cramer to discuss her new bill called the Accountable Capitalism Act. The bill would require large companies to consider the interests of not just shareholders, but also employees, customers and communities where the company does business, when making decisions. Cramer said he doesn't believe that a federal corporate charter, as proposed by Warren, is the best way to achieve the goals of the bill. However, the Mad Money host pointed out that some of the best-run companies I follow have already taken a page from Senator Warren's playbook. Cramer cited Costco , Domino's and Salesforce.com as three companies that exemplify one of the core ideas of Mad Money also shared by Senator W
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