January 13, 2014 at 7:43 pm
#803131
wakeflood
Participant
Good lord, skeets, of course I do and you know it. It’s called BALANCE. It’s gone. Companies have WAY too much incentive to pump up short term stock prices at the expense of their long-term best interests.
If you don’t believe that, then you aren’t paying attention.
I’m talking about people in companies who BENEFIT in these buyback schemes saying that it’s short sighted and purely about packing the pockets of Sr. Mgmnt and the brokerage houses. Why would THEY complain???