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212 points pseudolus | 4 comments | | HN request time: 0s | source
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akira2501 ◴[] No.42198624[source]
An entire department was just rendered useless. I genuinely don't feel bad.
replies(3): >>42198645 #>>42198780 #>>42198825 #
_DeadFred_ ◴[] No.42198825[source]
It was funny watching the warrior whatever site back in the day when Panda came along. Love when these people get their horrible business models kneecapped.

Now let's make corporate stock manipulation illegal again and ban corporate stock buybacks. Talk about a purely manipulative business strategy.

replies(2): >>42198845 #>>42200247 #
red_trumpet ◴[] No.42198845[source]
What's the problem with stock buybacks?
replies(3): >>42198921 #>>42198951 #>>42199483 #
1. notyourwork ◴[] No.42198951[source]
Nothing directly, it just sounds bad at face value.
replies(1): >>42199488 #
2. _DeadFred_ ◴[] No.42199488[source]
'Stock manipulation is cool, especially when you change executives pay structure to be based purely on said manipulation. Totally creates healthy incentives not perverse ones.'
replies(2): >>42199861 #>>42200338 #
3. notyourwork ◴[] No.42199861[source]
Sorry, buy backs are not stock manipulation. Let's step back from emotions and political skew. A company is able to take their capital and deploy it how they see fit. This can include purchasing percentage ownership of their company back from stockholders. Whether or not you agree doesn't make it manipulation in the general sense. It's just a way for a company to use their money.
4. l33t7332273 ◴[] No.42200338[source]
It’s a way to return money to share holders.