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sdholloway56
Senior Advisor

ANY corporation that bought back stock

and received government assistance should have had to collateralize it by issuing the like amount of stock to the Treasury, too be sold to recover the taxpayers' money at a future date.

 

3 Replies
r3020
Senior Advisor

Re: ANY corporation that bought back stock

They should receive nothing. They always have the option of bankruptcy and then their share holders are the ones who loose. That's how capitalism works.

sdholloway56
Senior Advisor

Re: ANY corporation that bought back stock

Good to see that you pivoted back to your phony tea party stance.

r3020
Senior Advisor

Re: ANY corporation that bought back stock

If they need cash they can sell shares.