An excellent expose of the dangers of the stock buyback.
Stock buybacks are a major, but unrecognized method for the upward transfer of wealth as you point out so well.
Additionally, they can be done by insider trading.
The SEC has admitted it cannot police for this. Much more on that here:
https://medium.com/rantt/stock-buybacks-are-a-parasite-on-the-us-economy-d0369364c37e
undefined subscriptions will be displayed on your profile (edit)
Skip for now
For your security, we need to re-authenticate you.
Click the link we sent to , or click here to sign in.
An excellent expose of the dangers of the stock buyback.
Stock buybacks are a major, but unrecognized method for the upward transfer of wealth as you point out so well.
Additionally, they can be done by insider trading.
The SEC has admitted it cannot police for this. Much more on that here:
https://medium.com/rantt/stock-buybacks-are-a-parasite-on-the-us-economy-d0369364c37e