Sharp Commentary re: Stock Buybacks

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Interesting video. Hits a bit close to home as they use an airline example, but he is talking well beyond a single industry a focusing on CEO malfeasance.

https://www.cnbc.com/2020/04/22/pali...mong-ceos.html
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Guy is an idiot I’ve heard him twice say that employees don’t get hurt in a reorganization bankruptcy. He even used delta as an example. It was laughable how stupid he sounded.
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I cant see the big deal.with share buybacks. What ia the difference between a buyback and a dividend payout?

A solution....if it is an issue, is to place the equity into trust.
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