While the latest mortgage fiasco was very damaging to the US economy, it is only part of the story told by the media. An equally dangerous practice was taking its toll on businesses: publicly traded companies buying back shares of their own stock in excess to drive stock appreciation. In …
Read More »Dark Secret of Our Latest Financial Crisis
While the latest mortgage fiasco was very damaging to the US economy, it is only part of the story told by the media. An equally dangerous practice was taking its toll on businesses: publicly traded companies buying back shares of their own stock in excess to drive stock appreciation. In …
Read More »