Leveraged buyouts just feel like something that should be plainly illegal. I know a bunch of wonks here will trip over themselves to try and justify it, but giv

Leveraged buyouts just feel like something that should be plainly illegal. I know a bunch of wonks here will trip over themselves to try and justify it, but given how much of these kinds of transactions are basically "the directors just decide to empty the coffers"... at least tax it in a way that makes sense or something!