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Tag: cover

Some Companies Seeking Bailouts Had Piles of Cash, Then Spent It – The New York Times

Still, the crisis has exposed the potential failings of a strategy embraced by many big companies: aligning their priorities with the interests of shareholders, many of whom are narrowly focused on the performance of a company’s shares. Shareholders, wanting stock prices to go higher, pushed management to use up cash on buybacks and dividends. And…

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