None
EN
‘Hedge Fund Managers Bleed Companies of Their Capabilities’
['Janine Jackson', 'Doug Latimer', 'James Deveney', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width']
CounterSpin
These hedge fund managers of today, and we’re talking about guys like Carl Icahn, they are billionaires many, many times over, very, very powerful men (and I say men, because they seem to be always men).
LP: So the hedge fund managers like that.
So you can see how these hedge fund managers, in the interest of making a quick short-term profit, really bleed companies of their capabilities and their resources, so that they can’t be leaders in technology.
Prior to 1982, stock buybacks were considered stock manipulation, and they were not legal.
It’s just a temporary boost that enriches wealthy executives and these hedge fund managers who, again, are already wealthy enough, and they really don’t need another superyacht.
['bleed'
'shares'
'stock'
'buybacks'
'companies'
'managers'
'capabilities'
'need'
'green'
'hedge'
'company'
'deal'
'fund']