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Wait are you saying that the new shareholders take over a company, borrow a lot of money from a bank. Sell off it's assets. Pay all of it's new found cash out
by JamesBarney 10y ago
Wait are you saying that the new shareholders take over a company, borrow a lot of money from a bank. Sell off it's assets. Pay all of it's new found cash out to it's shareholders through dividends. Then goes bankrupt, and screwing over the bank?
- kuschku 10y agoWell, kinda. Sometimes the government has to jump in to save the jobs, sometimes they just move the pension funds for the employees around and find a way to pay that out to the shareholders, etc.