Tornado Alley (PROG)

[fuagf]

Stock buybacks enrich the bosses even when business sags
By Karen Brettell, David Gaffen and David Rohde
Filed Dec. 10, 2015, 5 p.m. GMT
https://www.reuters.com/investigates/special-report/usa-buybacks-pay/

"Under President Trump and the Republican Congress, the corporate class has reaped ever more
of the rewards of America’s growth, while the rest of the country has gotten screwed, again."

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How Stock Buybacks Make The Rich Richer (And You Poorer)
John DeFeo Jan. 22, 2018 9:47 AM ET|
Summary
* Stock buybacks don't work the way many investors think they do.
* Executives can abuse stock buybacks at the shareholders' expense.
* I believe that dividends are a preferable way to reward shareholders.
https://seekingalpha.com/article/4139081-stock-buybacks-make-rich-richer-poorer

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Opinion: How stock buybacks focus CEOs on making a fast buck
Published: Apr 18, 2017 5:20 a.m. ET
Short-term mindset rewards executives but can shortchange investors
By John Coumarianos
https://www.marketwatch.com/story/how-stock-buybacks-focus-ceos-on-making-a-fast-buck-2017-04-18

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Are Stock Buybacks Starving the Economy?
A new report finds that big companies could have given their workers thousands of dollars’ worth of raises with the money they spent on their own shares.
Jul 31, 2018 Annie Lowrey
Contributing editor at The Atlantic covering economic policy
https://www.theatlantic.com/ideas/archive/2018/07/are-stock-buybacks-starving-the-economy/566387/