Goldman: Washington Is Coming for All Those Share Buybacks
Political scrutiny rising
Warren pointing a finger at all those buybacks.
Photographer: Andrew Harrer/Bloomberg *** Local Caption *** Elizabeth WarrenThis article is for subscribers only.
It's no secret that U.S. companies have been repurchasing their stocks at a stunning pace.
In a new research note, Goldman Sachs, which clearly does not like stock buybacks, argues that the practice of returning billions of dollars to shareholders is facing increasing political scrutiny.