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(Yahoo)   What's wrong with having a liquored-up party? Sounds smart to me   (finance.yahoo.com) divider line
    More: Obvious, Stock market, household name companies, controversial stock buyback, Delta Air Lines, airlines United Airlines, Stock, big companies, Share repurchase  
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2705 clicks; posted to Main » and Business » on 06 Apr 2020 at 12:55 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



20 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2020-04-06 11:11:06 AM  
Fark user imageView Full Size
 
2020-04-06 1:09:40 PM  
numerous executives are likely wondering why they spent so lavishly to prop up their stock price by way of the mighty buyback from 2017 to 2019.

No, they're likely snickering at the fact that they used company money to prop the stock prices up to astronomical levels so they could sell their personal holdings at record prices.
 
2020-04-06 1:09:40 PM  
Alkyhol Withdrawal - Unknown Hinson
Youtube B46yPJm6P9E
 
2020-04-06 1:10:49 PM  
And people thought Gordon Gekko was a fictional character...
 
2020-04-06 1:11:59 PM  

LegacyDL: And people thought Gordon Gekko was a fictional character...


rigsamarole.files.wordpress.comView Full Size
 
2020-04-06 1:22:32 PM  
numerous executives are likely wondering why they spent so lavishly to prop up their stock price by way of the mighty buyback from 2017 to 2019.

Uh - because Trump & Panzees gave them a few trillion in unneeded tax cuts they needed somewhere to spend?
 
2020-04-06 1:24:43 PM  
Holding your own stock is like hot-rodding your daily driver.  It's a cheaper way to go fast but when it breaks you are completely farked.
 
2020-04-06 1:25:30 PM  
They put short-term gains over long term plans and shot themselves in the dick.

Is how I RTFA.

Lulz.
 
2020-04-06 1:32:18 PM  
Was it really worth it in hindsight to use any weakness in the market for one's stock to call up bankers and put a bid into buy said stock into the closing bell?
The resounding answer is probably hell no YES


Fixed.
Executives tend to own a lot of stock. Buybacks prop up the share price and the executives and their wealthy friends invested in the company make more money. So yes, of course it was worth it to them, and as soon as public scrutiny of buybacks calms down, they'll go right back to it, maybe at even greater levels. Who the hell thought it had anything to do with the health of the company?
 
2020-04-06 1:45:48 PM  

mrparks: They put short-term gains over long term plans and shot themselves in the dick.


You could just put that one sentence in a book, title it "The History of American Capitalism", and publish it as is.
 
2020-04-06 1:46:04 PM  
It's just been countdown to liquor day, hasn't it?

Trailer Park Boys: Countdown to Liquor Day - Trailer
Youtube H2Ml7BfjOh0
 
2020-04-06 1:49:29 PM  
Let the companies fail.  Too big to fail is too big to exist.  If they fail because of stock buybacks, they aren't too big to fail.

Only bailout companies when the tax payer gets something for it.  For every dollar spent in bailouts, give the taxpayers $2.

Or a blood sacrifice.  Make the shareholders of the bailed out companies eat the CEO, CFO, and the other alphabet executives.  Live, with their bare hands.  Have them tear the executives apart and they don't get the bailout until the entirety of the executives are consumed, raw.  And it must all be streamed on YouTube in 4k from many angles.  And no hiding faces.  I want to see the look in the eyes of the CEO as he is being ripped limb from limb by a mob.  I want to see the dread in shareholder faces as they go in for their first bite of human flesh.  And the next bites as the light in their eyes fades and they become little more than base animals.

I have changed my mind.  Bail out the mega corps, ad long as we get a cannibal blood sacrifice for the money gods.
 
2020-04-06 1:53:05 PM  
Was anyone lacquered down?  Too obscure?  Here:

https://www.youtube.com/watch?v=AzYrQ​_​bgVKk
 
2020-04-06 2:22:11 PM  

tricycleracer: Holding your own stock is like hot-rodding your daily driver.  It's a cheaper way to go fast but when it breaks you are completely farked.


If we give them money then what's the incentive for them to go back to work?
 
2020-04-06 2:48:42 PM  

Momzilla59: It's just been countdown to liquor day, hasn't it?

[iFrame https://www.youtube.com/embed/H2Ml7Bfj​Oh0?autoplay=1&widget_referrer=https%3​A%2F%2Fwww.fark.com&start=0&enablejsap​i=1&origin=https%3A%2F%2Fwww.fark.com&​widgetid=1]


How about a crazy liquor and cheesburger party? (NSFW language)
Trailer park boys Crazy liquor and cheeseburger party
Youtube Q1oNpkFmENA
 
2020-04-06 2:58:43 PM  
Stock buy backs are the destruction of capital.  If you made companies expense the dollars used to buy back stock, but made the expenses non tax deductible, it would put a real crimp in that game.
 
2020-04-06 3:03:36 PM  
The Liquored Up Party stands fast on tradition, and against taxes on liquor - wine, beer or spirits.  We stand for wider accessibility to booze, and a move back to a national drinking age of eighteen.
Unfortunately, our leaders never seem to make it to press conferences on time, and those who bother to register just seem to say "Screw it, I ain't votin'" on election days (which are usually referred to as "Election Daze").
 
2020-04-06 7:21:58 PM  

Billy Liar: The Liquored Up Party stands fast on tradition, and against taxes on liquor - wine, beer or spirits.  We stand for wider accessibility to booze, and a move back to a national drinking age of eighteen.
Unfortunately, our leaders never seem to make it to press conferences on time, and those who bother to register just seem to say "Screw it, I ain't votin'" on election days (which are usually referred to as "Election Daze").


I was going to register for phoenix party, to burn this mother farker down and rise from the ashes, and move the Capitol to Phoenix Arizona.  But now I think I will go with the liquored up party.  Sounds like my kind of people.
 
2020-04-06 8:41:01 PM  

tricycleracer: Holding your own stock is like hot-rodding your daily driver.  It's a cheaper way to go fast but when it breaks you are completely farked.


Username checks out.
 
2020-04-06 9:18:59 PM  
...what does the headline have to do with the article?
 
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