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> The practice of loading a company with debt to distribute cash to shareholders and managers One thing I don't understand here is: who's on point for that deb
by Vinnl 3y ago
> The practice of loading a company with debt to distribute cash to shareholders and managers
One thing I don't understand here is: who's on point for that debt? Who's willing to lend that money, and why - are they just betting that there will be a bailout at some point?