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But if you are a PE and you're constantly buying companies for a 100 million by borrowing 80 million then driving the company into bankruptcy. How are the lende
by JamesBarney 7y ago
But if you are a PE and you're constantly buying companies for a 100 million by borrowing 80 million then driving the company into bankruptcy. How are the lenders getting paid their 80 million and how are you getting back your 20 million?
And if the lender is getting screwed out of 80 million dollars why do they keep lending to private equity?
It's not his main argument but it's an assumption that has to be true for his main argument to be true.