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by Michael Cote.
Original Post: Keeping money at the top
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Feed Description: Using Java to get to the ideal state.
Given that the wealthiest 10% of Americans own 81% of all stocks and mutual funds, these uses of corporate cash are a direct transfer of corporate profits away from creating jobs and capital investment, increasing income inequality. And the repurchase trend has accelerated radically. Stock buybacks as a percent of capital spending have risen to … Continue reading Keeping money at the top
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