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Who could have known that using debt to purchase back stock for the purposes of artificially increasing company value without building value would cause a crisi
by mywittyname 7y ago
Who could have known that using debt to purchase back stock for the purposes of artificially increasing company value without building value would cause a crisis?
- skybrian 7y agoIt would be bad if they needed cash and couldn't borrow, but on the other hand borrowing just got cheaper. What evidence is there that companies who previously bought stock and issued debt are low on cash?