Economic Collapse

[dickmilde]

It's not just the banks. Many companies that proudly announce share buybacks year after year end up with an ever increasing share count ! This has been going on for a very long time.

It's a very simple corporate model... Use company money ( shareholder money ) to buy back shares and give those shares to the principals as stock options. The public end up being fleeced while the company officers end up with more money than they can ever figure out how to spend.