More than half the [bankruptcy] filings year to date have come from retailers that were previously purchased by private equity firms, according to AlixPartners. That's up from an average 31 percent over the prior five years.President Asterisk has been taking credit for every uptick in the stock market since the day of the election. But no doubt that he'd blame this on someone else.
These transactions, known as leveraged buyouts, occur when a private equity firm uses a combination of equity and debt to purchase a firm — saddling the company with debt in the process.
A blog by a "sucker" and a "loser" who served her country in the Navy.
If you're one of the Covidiots who believe that COVID-19 is "just the flu",
that the 2020 election was stolen, or
especially if you supported the 1/6/21 insurrection,
leave now.
Slava Ukraini!
Wednesday, April 5, 2017
Vulture Capitalists are Strangling Retail
It's not just online shopping that's closing retail chains at a rate four times the closure rate last year. It's also vulture capitalists (Mitt Romney's peeps) who are responsible.
No comments:
Post a Comment
House Rules #1, #2 and #6 apply to all comments. Rule #3 also applies to political comments.
In short, don't be a jackass. THIS MEANS YOU!
If you never see your comments posted, see Rule #7.
All comments must be on point and address either the points raised in the blog post or points raised by commenters in response.
Any comments that drift off onto other topics are subject to deletion.
(Please don't feed the trolls.)
中國詞不評論，冒抹除的風險。僅英語。
COMMENT MODERATION IS IN EFFECT UFN. This means that if you are an insulting dick, nobody will ever see it.