No. of Recommendations: 19
It sounds crazy to say this, but it's almost like he was upset the stock fell after his first letter as CEO, and wanted to boost it back up. That can't be the reason, hopefully
Actually the cynical me thinks this is exactly the reason, and I’m willing to give him a pass this once.
The coupling of the announcements (“I’ve put my whole salary in” and “We’re doing buybacks again” are too closely linked in time and theme to be anything but coupled. I don’t believe in coincidence, especially when they emanate from the same person within minutes [exaggeration] of each other.
That said, perhaps he thought it important to “make a statement” at the outset of his “administration” to make sure everybody - down to the lowliest and stupidest financial reporter - understands that the program is secure, the force continues, the ship continues apace, and …
Well, I ran out of cliches. Anyway, this is not on the level of Jack Welch manipulation; if it continues I will be terribly disappointed. This time, pfft.
