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November 18, 2015 07:16 am PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/bxF9n8_a5nU/americas-ceos-and-hedge-fund.html
America's CEOs and hedge-funds are starving the nation's corporations to death
Stock buybacks (previously) allow CEOs to drive up the company's share-price by using profits to buy shares back from investors, rather than investing the money in wages, R&D, capital or expansion. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/bxF9n8_a5nU/americas-ceos-and-hedge-fund.html
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