EPISODE · May 29, 2022 · 42 MIN
Episode 48: I Own It, Now You Pay For It
from Mansplaining · host Mark and Joe
Send us Fan MailMark can’t fathom how it’s legal to take out a big loan to buy a company, then transfer all that debt to the newly-acquired company and force it, in effect, to pay off its own purchase price via draconian cost-cutting measures that can destroy it in the process. He challenged Joe to make the case for such transactions. Together, Joe and Mark try to make sense of leveraged buyouts, vulture capitalism, and the “barbarians at the gate” who employ these tactics. (Recorded May 27, 2022.)
What this episode covers
Send us Fan Mail Mark can’t fathom how it’s legal to take out a big loan to buy a company, then transfer all that debt to the newly-acquired company and force it, in effect, to pay off its own purchase price via draconian cost-cutting measures that can destroy it in the process. He challenged Joe to make the case for such transactions. Together, Joe and Mark try to make sense of leveraged buyouts, vulture capitalism, and the “barbarians at the gate” who employ these tactics. (Reco...
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Episode 48: I Own It, Now You Pay For It
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