Interesting article, it highlights several companies, including Xerox, where the exec’s got big bonuses only cause they had power to trigger a buyback of stock, and just enough so it brought things up so they got there bonuses. What is more interesting is all the companies gave bonuses for this …game…when the companies where, and are not doing well.
http://www.beachwoodreporter.com/politics/special_report_buybacks_enrich.php