Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
mk · 3301 days ago · link · · parent · post: What the bond market knows that the stock market doesn't
Seems to be to make money for the shareholders. Of course, Apple and company can say that they need to have an attractive dividend to increase investment, but the line between attracting investors and bleeding the company has probably been crossed in many cases. Still, the argument could be made that any corporation is just a money-making project, and if debt is cheap, then they should take advantage of it.