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This article explains some of the background and how the banks lost money on the deal: https://prospect.org/power/griftrix-citrix-systems-debt-deal-private-equ

• hn_throwaway_99 4y ago
  Thanks, I just threw up in my mouth. I see where the French Revolutionaries were coming from.
  • pas 4y ago
    though french revolutionists were merchants, traders, relatively well-off folks, you could even say private equity dudes of that era :)