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Re: OT -
buybacks
$171BN in buybacks announced YTD, which is the most so far at
this time of the year, 22% higher than last year, and more than
double the 10-year average. Companies putting those unfunded tax
cuts exactly where many of us expected: buybacks, dividends, more
profits for execs, and crumbs to the workers with many receiving
one-time bonuses as low as $200 (the $1K many companies have
boasted about is for their longest tenured workers only).
zerohedge.com/ne...-2009s
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