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cstanleytech

(26,284 posts)

12. The other problem is some investment firms buy something with no real intention

Fri Mar 23, 2018, 08:00 AM

Mar 2018

of ever investing the money they earn back into the business.
I know one of them loaned the business they bought money and then borrowed even more from other sources and then they behaved like a leech.
How?
Well they siphoned off the money the company was earning to repay first themselves rather than reinvest the money back into the company or pay the other loan holders and now the company is facing a 2nd bankruptcy.
The investment firm made a killing but the other loan holders are going to get screwed and the company is likely to completely fold now putting tens of thousands out of work.

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Toys R Us, iHeartMedia Haunt Buyout Firms Sitting on Trillion-Dollar Cash Pile [View all] laserhaas Mar 2018 OP

Truth is, the internet is making it harder for these guys, to steal laserhaas Mar 2018 #1

Let's see. I remember a guy by the name of Romney that had something to do with Bain Capital. democratisphere Mar 2018 #3

There are no articles stating Mitt ever gave up ownership laserhaas Mar 2018 #6

Therefore Romney is a closeted Oligarch who thinks he can become President democratisphere Mar 2018 #7

We've stopped him, before laserhaas Mar 2018 #8

Poor Warren Buffet. Ownership by the Oligarch few to wreck it for the masses. democratisphere Mar 2018 #2

Thanks for posting. Sherman A1 Mar 2018 #4

Truth is, Mitt's Bain Capital cares only for Bain Capital laserhaas Mar 2018 #5

Yup, Sherman A1 Mar 2018 #10

What about if they grow a heart and invest that trillion into education. KY_EnviroGuy Mar 2018 #9

That's exactly Spouting1horn Mar 2018 #11

The other problem is some investment firms buy something with no real intention cstanleytech Mar 2018 #12

What A sad day..no one's pension to destroy dembotoz Mar 2018 #13

Locking - the hosts feel this is analysis, rather than a breaking news story muriel_volestrangler Mar 2018 #14