Bust out 1 and 2 are basically the Private Equity playbook. Buy a company, take on debt, buy-back stock. If possible, extract extra fees.
There's a book called Plunder that does a great job going into more detail on this model.
There's a book called Plunder that does a great job going into more detail on this model.
Indeed, with oftentimes massive cost to creditors (banks, employees, vendors, landlords, unemployment insurance schemes, taxpayers).
I wonder why such schemes haven't been banned yet, or what kind of catastrophe it needs to push regulators into action.