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> They make the company pay them dividends while saddling the company with their debt. Yes that is true. Is the sum of dividends over X years >= the amount of
by opmac 9y ago
> They make the company pay them dividends while saddling the company with their debt.
Yes that is true. Is the sum of dividends over X years >= the amount of equity wiped out in a Chapter 7 liquidation? Impossible to say... the company is private.
> They make
They didn't make them do anything. They bought the company... they can do what they want as owners. That's just how this game works.
- s73v3r_ 9y agoAnd that's not a good enough argument anymore. They did force this upon the company, and they are feeling absolutely none of the consequences of their decision.
- opmac 9y ago> they are feeling absolutely none of the consequences of their decision Man I wish I knew the fine details of the books of a multi-billion dollar private equity firm like you do.