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Stock buy backs since 2008 Nader
07-11-2016, 07:37 PM
Post: #1
Stock buy backs since 2008 Nader
http://dissidentvoice.org/2016/07/vanish...more-63264

Making matters worse, as Business Insider concludes, “all the evidence shows that – in recent years – they’ve [stock buybacks] not actually helped boost the stock values at all.” The bosses are eating the company’s seed corn. Indeed, before 1982 when the obeisant Securities and Exchange Commission (SEC) opened the floodgates for this executive rampage, buybacks were illegal. They were considered insider trading by the top company executives.
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