EPISODE · Feb 27, 2023 · 43 MIN
On the Hot Seat?, and Buyback Blowback 2/27/23
from Power Lunch · host CNBC
We’re getting new details on the failure of Goldman Sachs’ consumer banking venture, ‘Marcus’ – and why it has CEO David Solomon on the hot seat. We’ll explain all you need to know. Plus, Warren Buffett says critics of buybacks are ‘economic illiterates.’ We’ll look at the impact of buybacks on the markets with a reformed ‘buyback critic’ himself, Herb Greenberg. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
We’re getting new details on the failure of Goldman Sachs’ consumer banking venture, ‘Marcus’ – and why it has CEO David Solomon on the hot seat. We’ll explain all you need to know. Plus, Warren Buffett says critics of buybacks are ‘economic illiterates.’ We’ll look at the impact of buybacks on the markets with a reformed ‘buyback critic’ himself, Herb Greenberg.
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On the Hot Seat?, and Buyback Blowback 2/27/23
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