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Stock buybucks and dividends are OK. But when company needs money it is up to shareholders, bondholders, credit markets to re-capitalize the company (if they th
by chewz 7y ago
Stock buybucks and dividends are OK. But when company needs money it is up to shareholders, bondholders, credit markets to re-capitalize the company (if they think it makes business sense).
- linuxftw 7y agoThis is exactly why low to zero interest rates are always a terrible idea. It incentivizes reckless borrowing, doing dumb things with the money like buy backs, then when money dries up, we have a major problem. All entirely predictable. All these companies should go bankrupt. No more 0% rates.