Re:For Years WallStreet Spent More on Buybacks Than It Earne...
by kazagistar on Wednesday March 18, 2020 @12:09PM
(#22618176)
Why free money? Give them a loan in exchange for controlling stake and future profit, like any other investor.
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Re:For Years WallStreet Spent More on Buybacks Than It Earne...
by frenchyatwork on Wednesday March 18, 2020 @02:45PM
(#22619904)
The problem with this is then the state is now responsible for this thing, which wasn't able to keep itself afloat financially. This works in a some cases, where the state is actually more efficient at managing than a private corp, but in many cases you just have the taxpayers supporting zombie corporations.
Re:For Years WallStreet Spent More on Buybacks Than It Earne...
by chairmanwow1 on Wednesday March 18, 2020 @01:24PM
(#22619020)
And we seem to have stumbled upon the Chinese economic system