Posted at Hartmann Report on Aug. 3, 2022
The "Share Buyback" Rape of American Business
How CEOs pulled off their coup, ending the Golden Age of growth for the middle class while beginning the current era of the CEO as modern-day superyacht-owning Emperor…
Want to get rich without doing much work? Insanely, fabulously rich? Private yacht, country estate, private jet rich? So do America’s CEOs.
They began hustling for an old-time scam to accomplish this when Ronald Reagan was elected president in 1980. Soon thereafter, they got their way. This is the story.