Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Bonefish who wrote (1210815)	3/19/2020 6:41:50 PM
From: sylvester80	Read Replies (1) of 1577832

And the TRILLIONS they WASTED by buying back company shares, at prices much higher than now (which means they WASTED THAT MONEY), was an executive billionaire scam. Cause you see much of CEO compensation is TIED to stock performance. So the CEO has an incentive to see the shares rise. Even if they have to pull the biggest scam of all. Financial engineering. They buy back shares to make the PE look cheap, even while free cash flow or revenue growth does not warrant it. So for 3 years of BS corrupt trumpconomics and massive TAX SCAM created the biggest bubble the world has ever seen only to CRASH & BURN in the fastest record time in US history. And now that they WASTED all those TRILLIONS of dollars (instead of saving them for a rainy day), they come asking for a SOCIALIST bailout. I say SCREW THEM. Let them ALL fail if they do not agree to also socialize their gains by repealing the Dec 2017 Republican TAX SCAM that brought us MASSIVE TRILLION DOLLAR DEFICITS.

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