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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dave9 who wrote (71739)11/27/2007 9:30:25 PM
From: elmatador  Read Replies (1) | Respond to of 116555
 
Clever thought, Dave! Message 24088917



To: dave9 who wrote (71739)11/28/2007 12:47:16 AM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
I Want My Buybacks Back
globaleconomicanalysis.blogspot.com
Corporations have squandered hundreds of billions of dollars over the past few years on stock buybacks. The most galling thing is that 78% of buybacks went for insider options. Shareholders got a mere 22% of the pie and most of that was wasted. Countrywide, Citigroup, Ambac, Fannie Mae, Freddie Mac, Ambac, and MBI sit on top of the list.
Mish


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