Robert Reich
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Norfolk Southern, the company whose train derailed in Ohio and unleashed chemicals, made a record $12 billion in revenue last year.

Instead of investing in better safety measures, what did the company do? It authorized a $10 billion stock buyback.

Corporate greed, folks.
02:10 PM - Feb 13, 2023
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John Haakenson
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Yep, criminal conduct by corporations. Stock buybacks are just terrible. Also seems to me to be a conflict of interest for Sr mgmt and BOD all of whom personally benefit from the price increases in their holdings as a result of the buy back.
In response to Robert Reich.
04:01 PM - Feb 13, 2023
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