|
|
Posted by clueless [201.202.25.26] on Sunday, July 11, 2010 at 11:16:00 :
In Reply to: The Name Dodge posted by The Dodge Boys [174.57.239.179] on Friday, July 09, 2010 at 09:09:38 :
Let’s take it back to the vulture capitalists. Do you know they make their money? By being a brilliant capitalist? That’s what they would want you to believe. No, they make money by using borrowed money to buy family owned businesses, saddling the company with debt, taking a multi million dollar fee from the borrowed money for doing so, operating the company for a while and then selling it on for a larger amount to someone else using borrowed money saddling the company with more debt, and taking out a profit in the transaction. Brilliant, right? Depends. If you are the vulture, you get a nice check. If you are the worker at the company, you eventually lose your job as the company closes because the company could no longer service the debt payments.