Verizon proves exactly what is wrong with our economy

By Liz Iacobucci

“Who benefits when executives decide to spend corporate funds on stock buybacks?

In my last post: In February, Verizon announced it was buying back $5 billion of its own stock. The repurchase was mostly done within days, but the subsequent “bump” in stock price lasted less than a month. (BTW, Verizon shares are now selling for about 6% less than when the buyback was announced.)”…

[Click HERE to read the full article]