Charles Brown
>>> Doug Henwood <dhenwood at panix.com> 03/15/99 05:56PM >>>
More data updates...
In 1998, U.S. nonfinancial firms retired $263 billion in equity (through takeovers & buybacks) and added $343 billion in debt. Since 1982, they've retired $1.1 trillion in equity and added $2.6 trillion in debt. This has been very good for stock prices!
Doug