News And Information On Wall Street, The Crooks That Run It, The Money Wall Street Uses To By Politicians And Coverage Of The People Standing Up To This Greed And Corruption
Tuesday, November 22, 2011
Companies Lay Off Workers While Spending Billions On Share Buybacks To Enrich Executives
Companies Lay Off Workers While Spending Billions On Share Buybacks To Enrich Executives: pEven as Republicans and CEOs of major companies complain that taxes are stifling job creation, corporations have been sitting on trillions of dollars in cash reserves, at some of the highest levels on record. The New York Times this morning notes another wrinkle in this story, pointing out that some companies have been laying off [...]/p