None of them have any business acumen, they give each other nothing down, zero interest digital “loans” to buy physical assets.
Once they have the assets, they refinance them as much as they can, even if it bankrupts the assets. Pocket the money and slither off to their next victim.
Of course they have subverted the corporate governance system, so never expect accountability.
This is exactly why I make a distinction between Capitalism and the free market and 'Crony Capitalism' with a rigged market (aka Fascism) when speaking to younger people!
The first year went relatively normally. Then in 2022, Black Bear approached the association’s parent-run board with a proposal to buy its teams for $1.
After the board refused to sell to Black Bear, Branovan in December 2022 told parents that the rink would no longer rent ice time to most of the association’s teams.
Lie about not changing things to get their camel's nose under the tent. Then take it over or burn it down. Every. Single. Time.
Monopolistic greed is in their DNA.
They are just liars and cheats.
None of them have any business acumen, they give each other nothing down, zero interest digital “loans” to buy physical assets.
Once they have the assets, they refinance them as much as they can, even if it bankrupts the assets. Pocket the money and slither off to their next victim.
Of course they have subverted the corporate governance system, so never expect accountability.
This is exactly why I make a distinction between Capitalism and the free market and 'Crony Capitalism' with a rigged market (aka Fascism) when speaking to younger people!
Fascism?
Had the Painter won, these lying money weevils would be extinct and this problem would have never happened.
I think you are talking about Communism. In the Soviet Union, criticizing (that group) was a capital offense.
Bet n you a bick this guy is a democrat. Having morals and good character are the issue. Not money.
Lie about not changing things to get their camel's nose under the tent. Then take it over or burn it down. Every. Single. Time.