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December 21, 2016 07:40 am PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/3LZ0pe8InYY/companies-self-devouring-buy.html
Companies' self-devouring buyback spree is finally slowing down
Stock buybacks are the preferred form of financial engineering in corporate America, through which companies borrow like crazy and give the money to their shareholders, artificially increasing their earnings-per-share ratio, massively reducing real economic growth, while enriching a tiny number of already-wealthy investors: but buybacks may finally be coming to an end. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/3LZ0pe8InYY/companies-self-devouring-buy.html
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