Comment: Double-whammy. Possibly triple.

(See in situ)


Double-whammy. Possibly triple.

-Shows that corporations have more faith in their own stock than the mounds of dollars they're sitting on

-Stocks will be bought from regular people at a premium they can't say no to, adding tons of liquidity to the market which buoys other stock on the arbitrarily-defined DJI or other index

-once stock is sold the previous owner no longer has a voice in the company. The corporation gains power and becomes even more undemocratic

even Teddy Roosevelt disdained pandas