Originally Posted by
Excargodog
So fraud IF they exercised options or otherwise used insider information for personal gain? I can see that. Trading on inside information, particularly when you are able to manipulate decisions that will affect stock price is illegal, well, except for members of Congress…
Executive compensation is, a lot of times, based on stock performance, so if you can manipulate the price, you don't have to actually perform for a company. I can't think of any situation where buy backs help investors in contrast to the dividend.