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DanieRains

(4,619 posts) Sat Apr 11, 2020, 08:47 PM Apr 2020

How Much Was Spent On Stock Buy Backs By The Corporations That Will Be Bailed Out?

It is in trillions right?

Who would have thought they should have cash on hand in case there was some kind of problem?

No one.

They know Corporate Socialism is a REAL BACKSTOP.

Poor starving citizens, or children?

Have some pennies!!!!

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How Much Was Spent On Stock Buy Backs By The Corporations That Will Be Bailed Out? (Original Post) DanieRains Apr 2020 OP
700 billion Disaffected Apr 2020 #1
Huge question! empedocles Apr 2020 #2
According to Dallas News AAL did 12 billion cachukis Apr 2020 #3

Disaffected

(4,555 posts)
1. 700 billion
Reply to DanieRains (Original post)
Sat Apr 11, 2020, 09:05 PM
Apr 2020

IIRC. Plus many additional billions spent on exec perks and bonuses.

Also IIRC, there is a requirement in the new bailouts that it not be spent on stock buy backs (not that various corporations will find other ways of fiddling it).

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