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mywittyname on March 3, 2020 | parent | context | favorite | on: Fed cuts half point in emergency move amid spreadi...

Who could have known that using debt to purchase back stock for the purposes of artificially increasing company value without building value would cause a crisis?

skybrian on March 3, 2020 [–]

It would be bad if they needed cash and couldn't borrow, but on the other hand borrowing just got cheaper.

What evidence is there that companies who previously bought stock and issued debt are low on cash?

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