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What do you think about big banks buying back their shares in large amount?


Recent revelations show many large banks use their huge cash reserve to buy back their own stocks. Is this a good strategy? Why are they not giving out loans?

 

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bradmasterOCcal says

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14 months ago
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    Jack Lee (jackclee lm) 14 months ago

    The problem I have been hearing is that the banks have not been loaning even to people who are qualified to buy houses. They are hoarding the money.


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Craig (cwritesnow) says

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14 months ago
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