We have watched with wry amusement politicians battle over corporate common stock repurchasing, or “buybacks”, the process where a company repurchases its own stock on the open market. Elevating a mundane, but important, business tool into a social fault line is the nature of our times. Buybacks are the other...
In the Washington area, we live in a fairy land. The credit crisis spawned a massive increase in government expenditure. ...
In the past several days in US equity markets, the tension thickened and suddenly the air was sucked out. A...