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Corporations are using debt to buy their own stock.
by rapsey 7y ago
Corporations are using debt to buy their own stock.
- cryptica 7y agoGood point. Buy-backs are even worse than paying for ads because the Fed money goes straight to existing shareholders. Actually this explains rising inequality very neatly.
- rapsey 7y agoI don’t know why you are being down voted. Fed policies since 2008 clearly benefitted the wealthy class almost exclusively.
- paganel 7y agoWhich means bigger dividends for the stake-holders invested in said corporations, which dividends oftentimes receive preferential tax-treatment.