Re:Stock buybacks are dangerous for the economy
by ericd on Tuesday March 17, 2020 @04:25PM
(#22609916)
Why? Their assets will be bought up in bankruptcy by another company that has deeper stores, and the planes will continue flying. Shareholders will be wiped out, but that’s expected if the company you invest in doesn’t save for a rainy day, and returned all its profit to you instead. Moral hazard is real.
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Re:Stock buybacks are dangerous for the economy
by altoidaltoid on Tuesday March 17, 2020 @06:18PM
(#22611171)
"Moral hazard is real"
On my next tshirt