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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (44668)1/27/1999 11:18:00 AM
From: Cynic 2005  Read Replies (2) of 132070
 
MB, about a couple of years ago somebody on the IBM thread said that IBM is funding the buybacks from cash-flow. When confronted with the question "why is the debt is rising every year?" he said, they are issuing cheap debt for operations. I am not kidding. Great thinkers we have! -g-
BTW, it is MMV, not tip.
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