2 ms·
When private equity takes over, they sell all the company's property (to themselves) then have the recently parasitically infested company lease back their old
by _DeadFred_ 2y ago
When private equity takes over, they sell all the company's property (to themselves) then have the recently parasitically infested company lease back their old property at inflated rates, sucking as much as they can out of the company before bankrupting it and walking away.
This is what 'running government like a business' looks like to American businessmen. This is cutting edge American business thought being applied to the feds.