GM plans to spend $10billion

[maspaha]

3. I think it was our pal Reagan...

And his cult that opened the door to compensation by stock option and company stock buybacks. It’s obviously a way to short term artificially inflate stock price to advantage those exercising options. Before the conservative godfather, the practice was either strictly regulated or illegal.

Of course I took advantage of these opportunities at my previous employer, but I always felt it was a little dirty. Less dirty when the company was privately owed by the employees, but filthy dirty once it went public.

We’ll talk hypothecating stock another day