Thread regarding ConocoPhillips layoffs

RL to the rest of ELT - Let's buy back shares and line our pockets full of money!!!

So how much money do you think the ELT just gave themselves buy electing to buy back shares? Joe average gets no raise for years but they just bumped their incentive packages up a notch as they all probably have a large number of shares and will make millions of dollars.

Can you say greedy b@st@rds?

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| 2051 views | | 5 replies (last November 16, 2016) | Reply
Post ID: @OP+KmbTfDq

5 replies (most recent on top)

http://www.valuewalk.com/2016/02/as-tide-goes-out-effects-of-buybacks-exposed-the-conocophillips-cop-poster-child/amp/?client=safari

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Post ID: @2fys+KmbTfDq

@1nej: it was also described by Adam Smith 240 years ago, known as the vile maxim.

Funny how ideas are slow to change/evolve hey?

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Post ID: @1prk+KmbTfDq

No, I would line up the pocket of the worker bees and protect thier interests and at same time give value to shareholders. Thisselfish way of thinking ( me and me alone no matter what happens to others) is the cause of the problems in the world.

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Post ID: @1nej+KmbTfDq

Wouldn't you do the same?

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Post ID: @1hji+KmbTfDq

Hey, what can you say? Politicians, Executives etc all line their pockets and those of their friends once in power.

Hold on to your hat, it isn't gonna get any better

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Post ID: @1gmp+KmbTfDq

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