Total Stock Buybacks During the Trump Administration Are Much Higher Than Has Been Reported By the Financial Media ..... $2.300 Trillion and Still Counting For The Three Years 2017-2019 ..... $874 Bil and Still Counting For 2018 ..... and $828 Bil and Still Counting For 2019

Big Four US Banks Are the Main Beneficiaries of the US Senate Proposed Virus Stimulus Bill ..... They Are Clearly Being Bailed Out To the Tune of Hundreds of Billions of Dollars

In the proposed US Senate Coronavirus bill is $500 bil of bailouts of large US Corps and $350 bil of bailouts of middle-sized and smaller US businesses.

These troubled businesses are now predominately financed by the US financial industry with much of it being financed by the Big Four Banks ..... JPMorgan Chase, Bank of America, Wells Fargo and Citigroup.

If nothing happens, these troubled companies would file for bankruptcy and the Bank financiers making the loans to and investments in these troubled companies would take the massive economic hit to their reported earnings.

That is how US capitalism is supposed to work and that is how it worked on five occasions in the past for the Trump Organizations.

But by its actions, the US Senate Bill is removing a substantial amount of the economic risk that these banks have in these troubled US businesses.

That's not a bad deal ..... make loans, collect the interest revenues for years and when the companies run into financial trouble, the US Government removes your economic risk on the troubled loans that you made.  It's a no lose situation for the US banks.

And on top of that, these four banks are very high on the list of US Corps which used their reduced US federal income taxes received under the Trump Tax Cuts Act to buy back their common stocks to the tune of $169 Bil in 2019 and 2018 combined.  When you buy back your common stock in amounts like this, your financial solvency is being substantially weakened.

From SEC filings, the below table shows these annual stock buybacks of these four US Big Banks.

	Stock	Stock	Stock
	Buybacks	Buybacks	Buybacks
Big Four US Banks	FYE 2019	FYE 2018	FYE 2017
Annual Stock Buybacks	mils $	mils $	mils $
JPMorgan Chase	24,001	19,983	15,410
Bank of America	28,144	20,094	12,814
Wells Fargo	24,533	20,633	9,908
Citigroup	17,571	14,433	14,541
Totals	94,249	75,143	52,673

New York-Based Sirius XM Holdings' Top-Tier Executives Average Annual Pay and Benefits Increase During the Past Five Years Was a Blistering 50.2% Per Year

From Company Proxy Statement filings with the SEC, below are Sirius XM Holdings' Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent five years.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Sirius XM Holdings	2018	2017		2017	2016		2016	2015		2015	2014		2014	2013
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
James Meyer CEO	17,634	9,664		9,664	9,334		9,334	29,158		29,158	7,558		7,558	23,065
Scott Greenstein Chief Content Officer	19,291	4,158		4,158	18,075		18,075	3,358		3,358	3,108		3,108	10,432
Jennifer Witz President Sales, Marketing and Operations	5,478	4,572		4,572	3,739		3,739	2,539
David Frear CFO	15,984	3,708		3,708	3,358		3,358	14,087		14,087	2,458		2,458	2,308
Dara Altman Chief Administrative Officer	7,530	2,015		2,015	1,910		1,910	7,262		7,262	1,558		1,558	1,483
Stephen Cook EVP Sales and Automotive				4,279	2,153		2,153	1,858
James Cady EVP Operations, Products and Connected Vehicle							6,062	3,712		N/A	N/A
Patrick Donnelly General Counsel							8,402	2,283		2,283	7,083		7,083	1,992
Joseph Verbrugge EVP Sales and Development										7,199	1,788		1,788	1,621
Enrique Rodriguez EVP Operations, Products and Connected Vehicle													1,683	6,930
Totals	65,917	24,117		28,396	38,569		53,033	64,257		63,347	23,553		25,236	47,831
Annual % Change vs Prior Year	173.3%			-26.4%			-17.5%			169.0%			-47.2%
5 Year Average Per Year % Change		50.2%