augustf’s Twitter Archive—№ 61,691

Stock buybacks were regarded, correctly, as a form of market fraud until the 80’s. Now, trillions are tossed down the toilet to keep prices afloat. An outright ban may be too much right now, but we need a roadmap of taxes/regs for ending this fraud. corpgov.law.harvard.edu/2020/10/23/the-dangers-of-buybacks-mitigating-common-pitfalls/ @unusual_whales/1582788736173060096