By Lisa Lee and Edward Hadas “Share buybacks are at record levels in the United States. All that cash might please investors. But it means there’s less for both innovation and workers, which means growing inequality.”… [Click HERE to read…
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The war on the middle class
An op-ed piece in the Boston Globe by Senator Bernie Sanders of Vermont draws attention to stock buybacks and growing inequality. [Please click HERE to read the op-ed piece]
Qualcomm: How share buybacks hurt shareholders and society
By Steve Denning “Share buybacks are generally presented as shareholder-friendly actions. By reducing the number of shares, the stock price should normally increase, benefitting shareholders.”… [Click HERE to read the full article]
An open letter from Silicon Valley calls for bold organizational reform
By Steve Denning “An Open Letter on the Digital Economy released last week by a group of Silicon Valley venture capitalists and academics recognizes that new digital technologies are transforming the economy while creating massive wealth that is not being shared with…
The stock market is disappearing in one giant leveraged buyout
By Daniel Drew “It’s easy to find critics and doomsayers who predict that the next stock market crash is just around the corner. They could be right, but another possibility is that the stock market itself will disappear entirely.”… [Click HERE…
A closer look at Goldman Sachs’ stance on share buybacks
By Pam Martens and Russ Martens “Maybe we’re thinking about today’s stock market all wrong. As the largest corporations in America take on more and more debt to buy back their own shares and boost dividends to dress up their…
Jon Stewart talks stock buybacks with NYC Mayor Bill Di Blasio
By David Goldstein “On Tuesday’s Daily Show, host Jon Stewart talked stock buybacks with New York City Mayor Bill de Blasio, both agreeing that reining them in would contribute toward reining in income inequality. And when you see a wonky issue like this…
The Fed’s low rates may be harming the middle class
By Rick Newman “There was certainly a time and place for it: Most economists credit the Federal Reserve’s super-low interest rate policy, in effect since 2008, with reviving shell-shocked financial markets and breathing life back into the economy.”… [Click HERE…
Corporate stock buybacks take off, leaving workers in the dust
By Michael Hiltzik “One doesn’t have to look very far to answer the question of why the fortunes of ordinary American workers continue to stagnate while corporate profits and the stock market are doing so well. Just check out the latest figures…
Innovation boon or middle-class doom?
By Andrew Soergel ” U.S companies’ cash reserves have skyrocketed in recent years, thanks in part to near-zero interest rates keeping capital expenses and corporate expansions more affordable since the Great Recession.”… [Click HERE to read the full article]
