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[sebastian_dangerfield]

Originally Posted by ThurgreedMarshall

Thank you. Replaced Texan also pdf'd me the article, so I'm good.

I will say that I have been screaming this tidbit from the article for 12 years now: "In sum, personal financial considerations permeate corporate decision-making. As the independent economist Andrew Smithers argues in Productivity and the Bonus Culture, this comes at the expense of corporate investment and so of long-run productivity growth."

TM

Limit buybacks severely.

Warren, in her policy planks, should just take the last 20 yrs of IBM financials and make it Exhibit A to the suggested bill. “All of the type and character of the buybacks here in this exhibit will be illegal.”