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You did it Mary! (lemmy.ml)

submitted 9 months ago by [email protected] to c/[email protected]

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She also made $29,000,000 in 2022 for herself, cause she worked so hard and made so many cars herself. Ha

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[–] [email protected] 51 points 9 months ago (3 children)

Stock buy backs used to be illegal in the USA. It was seen as a form of corruption.

[–] [email protected] 36 points 9 months ago

It's blatant stock manipulation. The stock price goes up because they increase demand for the stock for no reason. The value of the company doesn't change at all other than they're holding stock as an asset instead of the cash. Yet the stock is worth more now. It's stock manipulation, plain and simple.

[–] [email protected] 7 points 9 months ago

so-true : "It's not corruption if you legalize it!"

[–] [email protected] 4 points 9 months ago* (last edited 9 months ago)

When organized labor is weak and non-militant, capital can get away with a lot more, so it does get away with a lot more.

It strips away anti-corruption, regulations, and social democracy as soon as it can get away with it.