Agree!
Let it be known, this is what private equity does.
Buy in controlling position of company by securing investment (Banks) using their built wealth for said company distributing capital to the owners for the positions the take in ownership while keeping a portion of proceeds for fees leaving a small portion to capitalize the company’s business. Rinse repeat this method of capitalization to max available borrowing. If the company remains successful with the debt load it continues. Unfortunately in a lot of cases the debt load bankrupts the company leaving an unsecured investment bank holding the bag while the private equity company turns ownership over to the firm owning the unsecured debt and walks away clean.
Rinse repeat..
Private equity manufacturers their wealth by debt on others shoulders.
I want my money back or we can hang these people.
Agree! Let it be known, this is what private equity does. Buy in controlling position of company by securing investment (Banks) using their built wealth for said company distributing capital to the owners for the positions the take in ownership while keeping a portion of proceeds for fees leaving a small portion to capitalize the company’s business. Rinse repeat this method of capitalization to max available borrowing. If the company remains successful with the debt load it continues. Unfortunately in a lot of cases the debt load bankrupts the company leaving an unsecured investment bank holding the bag while the private equity company turns ownership over to the firm owning the unsecured debt and walks away clean. Rinse repeat.. Private equity manufacturers their wealth by debt on others shoulders.
Well we can do both. Seize their accounts and property AND hang them. It's not either or😎