Birdwatch Note Rating
2024-04-06 20:15:20 UTC - HELPFUL
Rated by Participant: 3033CF38847C7C9022761888BD3577C7A453818874178EAD262107282275F874
Participant Details
Original Note:
NNN - OP is accurate. For most of the 20th century, stock buybacks were deemed illegal because they were considered a form of market manipulation. But since 1982 they were essentially legalized by the SEC, and have become quite popular. https://www.esquire.com/news-politics/politics/a60097096/senator-elizabeth-warren-protests-stock-buybacks/ https://www.forbes.com/sites/petergeorgescu/2020/05/13/stock-buybacks-are-banned-let-it-be-a-trend/?sh=3f38d6876530
All Note Details