3 ms·
Roughly the things to look up are private equity and their "bust out" strategy https://www.youtube.com/watch?v=z5PLEZiSZV https://www.youtube.com/watch?v=z5PLE
by awaythrow483 3y ago
Roughly the things to look up are private equity and their "bust out" strategy
https://www.youtube.com/watch?v=z5PLEZiSZV https://www.youtube.com/watch?v=z5PLEZiSZV
https://www.youtube.com/watch?v=r3_41Whvr1I https://www.youtube.com/watch?v=r3_41Whvr1I
https://www.youtube.com/watch?v=o10nh86q64Q https://www.youtube.com/watch?v=o10nh86q64Q
https://www.youtube.com/watch?v=n7VmIy0VXOY https://www.youtube.com/watch?v=n7VmIy0VXOY
Buy a company with debt (leveraged buy out). Hand that cash back to the "private equity investors". Let the company go bankrupt and the debt magically dissapears.
Basically legalized theft at enormous scale
- dismalpedigree 3y agoAgree. One of the most infuriating things we tolerate as a society. The number of good and solid companies adding value to society that have then been raided in order to line the pockets of a few is such a disgrace.