Bain of our existence

[supergee]

How Private Equity Killed Toys “R” Us

Thanx to andrewducker

Comments

[johnpalmer]

It's a fascinating game that's been played over and over again. You borrow money to buy a company, then force the company to pay back the loan, and cash out before the collapse occurs. I understand how it's *legal*. If you have a controlling interest in the company and the debt won't *obviously* cause it to go belly up, you can make the company do what you want. But how it's not seen as the filthiest of dirty tricks is beyond me.