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Leveraged buyouts are not like mortgages

18 pointsby severine10 months ago

2 comments

sanswork10 months ago
If this story is right and PE firms just plunder why would banks keep giving them loans?<p>The author mentions red lobster but that wasn&#x27;t PE that ran them into the ground it was a fishing company that bought them from PE.<p>They also seem to think PE only goes after public companies when that seems to be by far the exception.<p>This is just a poorly researched rage bait rant.<p>If you want something to complain about in PE look at tax treatments.
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RicoElectrico10 months ago
Everything that the financial industry does, increases the economic inequality in the long term, change my mind.