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IPFS News Link • Economy - Economics USA

Stock Buybacks: A Good Thing Or Slipped DISCs?

10-30-2007 • Mish Shedlock

In Feb Ambac borrowed $400 million to buy back shares. Shortly thereafter the former CEO and the current CEO each dumped over $10 million worth of shares. Soon after that dumping, Ambac plunged over 50%. The result is Ambac lost $200 million not coun

Zano

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