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tclambert

(11,194 posts)

6. I've seen this on DU before. I commented it reminded me of the Sopranos

Reply to Quixote1818 (Original post)

Tue Apr 24, 2012, 07:17 AM

Apr 2012

and what they did to Davey Scatino (Robert Patrick). They forced him to borrow so much through his sporting goods store that it went bust. All the stuff borrowed and bought on credit the mobsters stole and sold on the side. They called this maneuver a "bust out." I'm not clear now on whether the Mafia invented the concept or if it came from private equity firms.

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How Did Mitt Romney Get So Obscenely Rich? Robert Reich Explains [View all] Quixote1818 Apr 2012 OP

Very informative. nt ProudProgressiveNow Apr 2012 #1

If the "liberally-biased media" really were so "liberally-biased" ... zbdent Apr 2012 #2

...and you'd have been hearing about it daily since the early 90s... JHB Apr 2012 #4

Great Clip IADEMO2004 Apr 2012 #3

Also look at "America: What went wrong" by Bartlett & Steele JHB Apr 2012 #5

I've seen this on DU before. I commented it reminded me of the Sopranos tclambert Apr 2012 #6