Re:Companies Use Borrowed Billions to Buy Back Stock, Not to...
by whenanother on Sunday August 11, 2019 @12:07AM
(#20666170)
this is literally a ponzi scheme and a tax avoidance scheme rolled up into one. I wouldn't be surprised if money is being laundered in this scheme as well. borrow a billion dollars and buy back a billion and 100 million dollars in shares, who's going to notice the 100 million that got slipped in?
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