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Topic	I want to do a leveraged buyout of either Amazon or Facebook
Zeus 01/16/22 3:11:49 PM #1:	I'm looking at Bain Capital and other crooks' business model and it's pretty fucking brilliant -- "buy" a company while paying very, very, very little or no money for it (by taking on the purchase price as debt against the company), pay yourself ludicrous bonuses from the cash reserves, and then have the company declare bankruptcy after you've raided it & super-loaded it with debt so the bills are unsustainable no matter how well it does, then move onto the next company. Of course, I'm not greedy -- after I take millions or tens of millions for putting a company out of businesses, I'd probably call it quits. Why don't more people take advantage of this apparently legal theft? --- (\/)(\/)\|-\| There are precious few at ease / With moral ambiguities / So we act as though they don't exist. <cite>Zeus posted [p:961796994] in I want to ... [t:79855990]...</cite> <quote>I'm looking at Bain Capital and other crooks' business model and it's pretty fucking brilliant -- "buy" a company while paying very, very, very little or no money for it (by taking on the purchase price as debt against the company), pay yourself ludicrous bonuses from the cash reserves, and then have the company declare bankruptcy after you've raided it & super-loaded it with debt so the bills are unsustainable no matter how well it does, then move onto the next company. Of course, I'm not greedy -- after I take millions or tens of millions for putting a company out of businesses, I'd probably call it quits. Why don't more people take advantage of this apparently legal theft? --- (\/)(\/)\|-\| There are precious few at ease / With moral ambiguities / So we act as though they don't exist. </quote> ... Copied to Clipboard!
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