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Faux pas

(16,386 posts)

3. I

Reply to TXPaganBanker (Original post)

Fri Nov 25, 2022, 03:38 PM

Nov 2022

think that makes him a vulture capitalist.

https://www.investopedia.com/terms/v/vulturecapitalist.asp

KEY TAKEAWAYS

A vulture capitalist is an investor who purchases troubled companies whose prices have been severely depressed in the market.

Aggressive action is taken to revive the company and boost profits, usually via hefty cost-cutting exercises like job layoffs.

If they don't succeed in this goal, vulture capitalists will find other ways to line their pockets, such as engaging in asset stripping to make money.

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Found on FB, talking about Musk and Twitter's data [View all] TXPaganBanker Nov 2022 OP

Very interesting and makes a lot of sense in these terms. nt OAITW r.2.0 Nov 2022 #1

You may be right zipplewrath Nov 2022 #2

I Faux pas Nov 2022 #3

We'll see. Doesn't look good so far. The final scenes of... brush Nov 2022 #4

Yanis Varoufakas makes the same point in an article on Common Dreams: Gaugamela Nov 2022 #5