Friday, September 19, 2008

Stock Buybacks And “The Wallstreet Three”

Mark Cuban wrote an interesting piece called “The AIG-Lehman-Merrill Lynch Link“. In that article he asks in a comparative way whether there is a link between the failures of Merrill Lynch, AIG and Lehman and their large corporate stock buybacks. “3 Companies facing cash crunch oblivion. A bankruptcy, an desperation sale and pure desperation. W

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