March 11, 2008
Corporate Buyback Programs Are Down
Have buybacks become passe? CFO.com reports that, even when their stock prices could use the boost, corporation are cutting back on stock repurchases, with the exception of IBM, which announced a huge buyback program last month. Corporations may feel they need the cash on hand. CFO.com, Where Have All the Buybacks Gone?
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A Federal Judge ruled last week that a reasonable person would not find that Fannie Mae had violated SEC regulations if and when it recorded false information to its general ledger.
See Department of Labor CASE NO: 2007-SOX-00047
Posted by: An interested party | Mar 11, 2008 4:47:57 PM