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You’re assuming, or insinuating, the PE firms don’t immediately start paying themselves outsized management fees, bonuses, and the like.
by BillSaysThis 1y ago
You’re assuming, or insinuating, the PE firms don’t immediately start paying themselves outsized management fees, bonuses, and the like.
- gruez 1y agoAnd you're assuming, or insinuating that lenders don't care that the collateral for their loans are getting drained by the PE company. It's like saying buying a house is a free money machine because you can demolish it and strip out the copper.
- bfg_9k 1y agoThey don't receive bonuses until they exit.