Stock Buybacks and the Coronavirus Crisis
March 27, 2020 - Economic Liberties released a public memo providing stock buyback data for the 50 largest U.S. corporations over the last five years. These companies repurchased a total of $1.1 trillion in their own stock in that timeframe, yet many are still requesting federal support during the coronavirus.
The American Prospect: Remote Control
March 26, 2020 - Economic Liberties' Matt Stoller published an article in the American Prospect about a civil rights lawsuit that helped expose how Comcast grew from a small local company to a monopoly that crushes media diversity.
Rescue Mission: Bailing Out Boeing and Rebuilding it to Thrive
March 23, 2020 - Economic Liberties released the first Working Paper in a series on corporate power titled "Rescue Mission: Bailing Out Boeing and Rebuilding it to Thrive." The paper explains how Boeing's financial practices and shareholder focus have decimated the company, and outlines seven conditions for a Boeing bailout.
The American Prospect: The Crisis in Financial Markets Began Before COVID-19
March 19, 2020 - Economic Liberties' Matt Stoller and Fellow Graham Steele published a piece in The American Prospect that explains how the Federal Reserve's lending practices created instability in the financial market prior to the coronavirus.
BuzzFeed: Moving Our Pharmaceutical Factories Overseas Was A Huge Mistake
March 13, 2020- Economic Liberties' Olivia Webb published an op-ed in Buzzfeed discussing the coronavirus outbreak and how our leaders allowed the U.S. pharmaceutical industry to move overseas.
The Impact of Coronavirus on America’s Small Businesses
March 10, 2020 - Economic Liberties' Matt Stoller submitted a statement to the United States House of Representatives Committee on Small Business about the coronavirus and the survival of small businesses.