In this December 11 Huffington Post Blog piece, author and cultural theorist Lynn Parramore interviews theAIRnet president William Lazonick and talks about where high-quality, low-cost technology products actually come from: Few would argue that America’s fortunes rise and fall on its ability to put…
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An Open Letter to Tim Cook, CEO of Apple – What Apple Should Do with Its Massive Piles of Money
AIRnet president Bill Lazonick’s open letter to Tim Cook, CEO of Apple, appeared in HBR Blog Network on October 20, 2014. In this letter, Bill Lazonick explains why he views the $51 billion already spent by Apple on open market (including…
Carl Icahn’s Bad Advice
The New York Times Op-Ed Columnist Joe Nocera discusses about why Tim Cook should stop caring what Carl Icahn thinks. Click HERE to read the full text.
Buybacks: Money well spent?
The Financial Times contributors, Michael Mackenzie, Tom Braithwaite and Nicole Bullock ask whether the buybacks of corporate stocks are the money well spent? Click here to read the full text.
Richard Trumka on “Profits Without Prosperity”
Richard Trumka talked with reporters at a “Monitor Breakfast” held by the Christian Science Monitor and discussed the recent Harvard Business Review article on stock buybacks authored by theAIRnet president William Lazonick.
ROOM for DEBATE: Pocketing Profits or Reinvesting Them
U.S. corporate profits abound, but for most Americans prosperity can’t be found. Open-market repurchases, aka stock buybacks, are central to the problem. For 2004-2013, 454 companies in the S&P 500 Index expended 51% of their profits, or $3.4 trillion, on repurchases, on…
Time for reasonable curbs on stock buybacks
Former U.S. Senator Ted Kaufman argues that stock buybacks “are great for the top earners but hurt overall economic growth and exacerbate income inequality.” Click here to read the full text.
Do You Seriously Want To Be Rich? Then Buy Back Shares And Raise The Dividend
Robert Lenzner, former National Editor of Forbes, concludes that massive stock buybacks represent “an emergency in corporate land that requires investigation and possible changes to public policy.” Click here to read the full text.
Steve Denning’s article series on stock buybacks
Steve Denning has written four articles on Forbes based on William Lazonick’s Harvard Business Review article and the growing debate on the role of stock-based pay in changing corporate governance. HBR: How CEOs Became Takers, Not Makers From CEO ‘Takers’…
How Corporate Share Buybacks Are Destroying America
by Joshua Brown, The Reformed Broker – This weekend’s must-read is quite apropos of today’s holiday. ‘Profits Without Prosperity’, an incredible article at the Harvard Business Review, shows exactly how corporate share buybacks have gotten out of control in the last…
