September 01 2011

[$$] Fed Up With Bank Buybacks?

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Fed Up With Bank Buybacks? J.P. Morgan’s 2011 stock buybacks are about $600 million in the red, highlighting the dubious benefit to shareholders of buybacks versus capital returns through dividends, It is also a reminder of the Fed’s questionable decision to let some banks resume capital returns even as the central bank printed money to resuscitate the economy.

[$$] Fed Up With Bank Buybacks?

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