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RE: Buyback Backlash ? ... No Shit !!

Yes, but the fact of the matter is that with low interest rates corporations have taken the myopic view to borrow money to buyback stock taking a cynical approach to capitalism, boosting stock prices while leaving unsustainable debt levels and CEOs and managers cashing out while rome is about to burn. Like usual, CEOs have gamed the system to enrich themselves and leave the u.s. taxpayer and duped investor holding the bag of crap.

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