Re:NY Fed rescues overnight lending market with $53B
by navigatesol on Wednesday September 18, 2019 @01:44PM
(#21007920)
Oh brother. There's no illusion. I guess the average guy off the street doesn't get it, but no one in the finance world is fooled into believing a share buyback increased profit. Not a single one. It decreases share count in exchange for cash. Pure balance sheet transaction.
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