alt Hacker News'Stock manipulation is cool, especially when you change executives pay structure to be based purely on said manipulation. Totally creates healthy incentives not perverse ones.'
'Stock manipulation is cool, especially when you change executives pay structure to be based purely on said manipulation. Totally creates healthy incentives not perverse ones.'
Sorry, buy backs are not stock manipulation. Let's step back from emotions and political skew. A company is able to take their capital and deploy it how they see fit. This can include purchasing percentage ownership of their company back from stockholders. Whether or not you agree doesn't make it manipulation in the general sense. It's just a way for a company to use their money.