SwimExpert
Gold Member
- Nov 26, 2013
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- #481
The shareholders own the $1 trillion dollars from stock buybacks today because regulations were overturned in 1982 which classified buybacks as a form of illegal stock manipulation. That same 1 billion dollars that once went to wages now goes to corporate profits because rich shareholders and corporate executives bribed government to make it happen.Because they own it and they can do what they want
Billionaire Hanauer Hammers Stock Buybacks The Nader Page
So....you agree. They own it and can do whatever they want with it.