Originally Posted by
Mesabah
Yes, management bought themselves a bigger house. They traded billions of the employee's money, for a few million in increased compensation. This is why Congress needs to ban buybacks again.
That is ......illuminating! Thanks for that reasonable explanation
BTW....If mgt sold that stock (even with the hit today)....they would be geniuses....shysters...incompetent....what? Since that money is not the employees but instead, the owners(stock holders) would they be happy or disgruntled?
I get it...in your world, mgt should just dole out the billions to the employees.....would that be on a per capita basis...or off W-2? Looking forward to their largess!