[andygcook]

There was an interesting interview with Chamath Palihapitiya on CNBC last week. Whether you like him or not, he made some good points around buy-backs and earnings per share manipulation.

Worth listening to the full interview if you have 15 minutes: https://www.youtube.com/watch?v=NvEWez59fbI

[snarf21]

Exactly, the Fed has artificially held rates low so companies are borrowing money for practically 0 to keep the price up and keep CEO compensation high. The only way to really fix the buyback problem is to outlaw stock based compensation for the C-suite and BOD. Then they might start focusing on long term corporate health instead of stock price and short-term quarterly numbers.