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View Diary: Romney transition team report turns out to be creepy and depressing (232 comments)

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  •  LBO (1+ / 0-)
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    Lily O Lady

    leveraged buyout: other people's money (koch etc,) buy a damaged but valuable structure (USA) as cheaply as possible, suck out it's juices and reward yourself first (tax breaks, contracts, appointments) and then let it fail or muddle along. doesn't have your resume of making money for your 'partners'...

    and it kinda sorta almost worked.

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