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> You really think banks will be lending to PE deals if the business model is to make the company bankrupt? Yes, just like banks sold houses to unqualified buy
by throwup238 3y ago
> You really think banks will be lending to PE deals if the business model is to make the company bankrupt?
Yes, just like banks sold houses to unqualified buyers and packaged them up as overinflated securities to dump on the public. The people authorizing the deals get bonuses now and leave other suckers holding the bag later.