via Barron's I by William Lazonick I March 26, 2020

CEOs Gorged on Buybacks for Years. Now They Want Bailouts.

“Congress is poised to impose restrictions on stock buybacks as a part of the multi-trillion-dollar recovery package that is being voted on this week. To understand why those limits are necessary, look no further than the airline industry, which is being singled out for rescue as air travel has collapsed during the pandemic.”… 

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