I hope to GOD Company's know better than doing stock buy backs during the stock bailout.

Trump you got to lay down the LAW on this behavior of buying up your own company stock to drive up the price, so then they sell their own personal stock for a profit. All the major company's have been doing this for decades using loans the company borrows to buy stock back and then selling their own personal stock during the run up to take profits by manipulate the stock price in the market. If any owners do this they should be tared and feathered.

a reply to: Joeshiloh

Where are they getting the loans from?

Feds.

a reply to: CriticalStinker


FUNK ya ya Somebody stop me and lets all look the other way when it comes to all these ( use to be crimes) that nobody is concerned about.

a reply to: Joeshiloh

Trump allowed this sort of behavior. One of the reasons why the markets are in a deep hibernation is because big time investors arent playing that game anymore.

Why are shareholders allowing these people to stay in control of their companies? Not only did they not return that money spent on buybacks to shareholders as dividends, they allowed insiders to benefit greatly in their stock sales, while sicking shareholders with soon to be insolvent companies. Those that chose to borrow money to buy back stock should not be allowed to be in management at any publicly traded company going forward. Clear malfeasance and RICO statues should claw back most of the profit from these insiders sales.

a reply to: sligtlyskeptical

Buffet sure isnt playing that game anymore.

BH 128 billion cash pile isnt being invested yet for the reasons you're calling out.

a reply to: strongfp

It goes way back when they deregulated the market. Way before Trump, he has stated that's one of the things he wants to change though.

a reply to: strongfp
All the big company's not big time investors. Owners are not always big time investor's

a reply to: sligtlyskeptical

I agree completely.

a reply to: Joeshiloh

Has anyone seen the list of retiring CEO's probably now heading for their bunkers, they knew it was coming because they basically caused it. They wont be holding dollars or stock, they wont be holding SLV or GLD. They will be on productive Farmland .I hear Bush has a Ranch in Argentina.

a reply to: Joeshiloh

The bull market that the previous admin unleashed was egged on by the GOP, tax cuts across the board to allow 'market systems' to flow "FREELY", caused a massive rift within the markets. People who invested were not seeing returns, even dividends were low, the money invested was not bringing back sound returns and wasn't even trickling down to the everyday working class person.

Bottom line, the corporate hacks were taking the lions share, and more. Aka Buybacks.

a reply to: strongfp
You are right.

It goes way back when they deregulated the market. Way before Trump, he has stated that's one of the things he wants to change though.

a reply to: Joeshiloh

Bull.

The Dems tried to tie the trillion dollar tax break to workers wages. Trump and the GOP said 'nyet'.

a reply to: Joeshiloh

Sorry but it sure as hell happened last time. The companies got bailed out and bought back shares. I can remember thinking it was so stupid and such a waste of money.