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A Boring Dystopia@lemmy.world · 2 months ago

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A Boring Dystopia@lemmy.world · 2 months ago

Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy? | Common Dreams

www.commondreams.org

What’s to stop the chip-making giant from shoveling taxpayer grants into more stock buybacks?

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These schemes never work forever. But the big investors usually know when to jump ship.

A Boring Dystopia@lemmy.world

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