US companies spent $4T buying back their own stock
(New York Post Business)

It´s the `shock` market rally - cash-rich US companies have plunged nearly $4 trillion of their cash into buying back their stock since 2008, which is why all the stock indexes are hovering near record territory. `It has massively manipulated the market,` said Richard Bowen, the former Citi executive who blew the whistle on the...