16 ms·

What I don't understand is why a bank would loan money to a leveraged buyout when it so often ends in bankruptcy.

• RobLach 6y ago
  PE can lend to its owned assets. Accumulation of capital is powerful in that way.
• namdnay 6y ago
  I think we have to be careful of sampling bias - nobody ever hears of the leveraged buyouts that work smoothly