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To: MCHVE who wrote (71539)	9/3/2015 5:36:28 PM
From: TimF	Read Replies (1) \| Respond to of 71588

The options are made more valuable by the stock becoming more valuable. The stock generally shouldn't become more valuable if the company is borrowing massively (compared to its revenue and assets) in order to do the buying. Even if you are asserting this does work (which I find questionable, at least as something that would regularly and predictably work), your now conflating borrowing too much with stock buybacks. My comments where about stock buy backs, not borrowing, and not option grants. ..Maybe you've missed the context of this thread... people on welfare are considered "looters" here That wasn't the context of this conversation. Search this thread for looters. You'll find no comments in the past year here calling welfare recipients looters. Also if that what the context it wouldn't really be relevant to your responses to my point. Whether or not welfare recipients are, or are considered to be, looters, isn't relevant to the fact that stock buy backs are not looting.