Palantir CEO Alex Karp on Wednesday argued that Americans have lost trust in major institutions because powerful executives routinely avoid consequences for their failures, saying "poor people" are "the only people who pay the price for being wrong in this culture."Speaking at The New York Times' annual DealBook Summit during a discussion about whether the federal government should take equity stakes in strategically important companies, Karp accused major corporations of running to the White House for help after making "stupid decisions," while ordinary Americans are left with nothing."No one...

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