If this stock buy back scheme is carried out to its fullest extent, won't a company eventually go out of business because the executives did not look after the means of production, so to speak. All this crap makes me think of the story of Pinocchio and the boys who wound up on Pleasure Island turning into donkeys to work in the salt mines.
If this stock buy back scheme is carried out to its fullest extent, won't a company eventually go out of business because the executives did not look after the means of production, so to speak. All this crap makes me think of the story of Pinocchio and the boys who wound up on Pleasure Island turning into donkeys to work in the salt mines.
If this stock buy back scheme is carried out to its fullest extent, won't a company eventually go out of business because the executives did not look after the means of production, so to speak. All this crap makes me think of the story of Pinocchio and the boys who wound up on Pleasure Island turning into donkeys to work in the salt mines.
Just because the company goes out of business does not mean the executives are hurt financially. Here's one example of how the CEO profited from putting Sears into bankruptcy: https://medium.com/rantt/stock-buybacks-are-a-parasite-on-the-us-economy-d0369364c37e
if it Tanks
who Cares?
oooh-ooh take the money and run
https://www.youtube.com/watch?v=ido6NrjGi2o&ab_channel=SteveMillerBand-Topic
on what Planet does this make Sense?