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This is what happens when white collar crime is institutionalised. Buying back shares is neither "financial manipulation" nor is it a "white collar crime". Wh
by andreilys 5y ago
This is what happens when white collar crime is institutionalised.
Buying back shares is neither "financial manipulation" nor is it a "white collar crime".
When interest rates are low and you are bullish on the company, it makes perfect sense to buy back shares.
- omgwtfbyobbq 5y agoIt's not, but it can be risky for that business. https://www.hbr.org/2020/01/why-stock-buybacks-are-dangerous-for-the-economy https://www.hbr.org/2020/01/why-stock-buybacks-are-dangerous... Course, if financial incentives for the c-suite are tied to share price, that's just another example of choose the reward, choose the consequences.