Are stock buybacks deepening America's inequality?
Are stock buybacks deepening America's inequality?
- One of Wall Street's favorite tools could be deepening the growing chasm between America's rich and poor. Since 2008, companies in the United States have spent a stunning $5.1 trillion to buy back their own stock, according to Birinyi Associates. Shareholders love buybacks, because they boost stock ...
- One of Wall Street's favorite tools could be deepening the growing chasm between America's rich and poor. Since 2008, companies in the United States have spent a stunning $5.1 trillion to buy back their own stock, according to Birinyi Associates. Shareholders love buybacks, because they boost stock ...