[HN Gopher] Leveraged buyouts are not like mortgages
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       Leveraged buyouts are not like mortgages
        
       Author : severine
       Score  : 12 points
       Date   : 2024-08-05 17:41 UTC (5 hours ago)
        
 (HTM) web link (pluralistic.net)
 (TXT) w3m dump (pluralistic.net)
        
       | sanswork wrote:
       | If this story is right and PE firms just plunder why would banks
       | keep giving them loans?
       | 
       | The author mentions red lobster but that wasn't PE that ran them
       | into the ground it was a fishing company that bought them from
       | PE.
       | 
       | They also seem to think PE only goes after public companies when
       | that seems to be by far the exception.
       | 
       | This is just a poorly researched rage bait rant.
       | 
       | If you want something to complain about in PE look at tax
       | treatments.
        
       | RicoElectrico wrote:
       | Everything that the financial industry does, increases the
       | economic inequality in the long term, change my mind.
        
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       (page generated 2024-08-05 23:02 UTC)