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  •  Vulture Capitalism? (1+ / 0-)
    Recommended by:
    Gooserock

    I was wondering about how loading up a company with debt is supposed to make money for somebody? It seems counterintuitive without knowing the details.

    "If this Studebaker had anymore Atomic Space-Age Style, you'd have to be an astronaut with a geiger counter!"

    by Stude Dude on Tue Jan 08, 2013 at 12:40:05 PM PST

    •  Well You Get Mangement Fees, Then you Have Them (3+ / 0-)
      Recommended by:
      DRo, Stude Dude, PsychoSavannah

      lay off a bunch of workers and sell some assets so that their profits go up temporarily, raising the stocks, then you sell your share of the stocks before it becomes evident that the diminished company can't earn enough to pay off the debt.

      It's cool that if you buy something, it's the object that is in debt and not you.

      We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

      by Gooserock on Tue Jan 08, 2013 at 12:54:41 PM PST

      [ Parent ]

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