Currently on CNBC, companies like Countrywide Financial borrowed
money to buy back shares in order to
pump the stock price. In the mean time,
CEOs are sell millionaires of shares.
CEOs are ripping the companies off while
leaving the mutual funds and others to
hold the bag.
Note: most mutual funds investors are middle-class working people.
money to buy back shares in order to
pump the stock price. In the mean time,
CEOs are sell millionaires of shares.
CEOs are ripping the companies off while
leaving the mutual funds and others to
hold the bag.
Note: most mutual funds investors are middle-class working people.