If you’re a corporate executive, a rising EPS is a good thing. No matter how you did it. Can you say bonus time? I knew you could.
We can agree that there are corp execs that have perks tied to earnings increases, but let me know if you can name one exec who'd cash in if he boosted the EPS by buying back all but a couple shares while earnings fell by 90%.
In a pig's eye. Never happen.