Coronavirus Will Kill Stock Buybacks, Giving Bernie Sanders a Consolation Win

Crypto New Media Press

Coronavirus Will Kill Stock Buybacks, Giving Bernie Sanders a Consolation Win

Airlines will face tough conditions as they seek a bailout amid the coronavirus pandemic. Legislators have tabled stock-buyback bans as one of the conditions. Bernie Sanders has long championed banning share repurchases. A change in a SEC rule in 1982 saw the amount corporations spend on share repurchases balloon from $2-$3 billion annually in the […]

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