- Oct 20, 2007
- 23,175
- 5,343
"As Reuters wrote recently, “Stock buybacks enrich the bosses even when business sags.”
https://www.forbes.com/sites/aalsin...uired-to-vote-on-stock-buybacks/#e2f3b036b1ef
How cute! I find that level of naivete refreshing in someone your age. Do you also believe in Santa Claus? (Just joking.)Nice find. Particularly this piece of the article.
“Consider the case of American Airlines, a company two years out of bankruptcy, facing down $19 billion in debt — and continuing to buy back billions of dollars worth of company stock.
You have to ask: Is that really the best use of company cash? Either way, shareholders should have a say in that.”
How cute! I find that level of naivete refreshing in someone your age. Do you also believe in Santa Claus? (Just joking.)
Weez, you never posted anything financial about the company before, why the sudden interest?