Sears is a prime example of how hedge funds and private equity companies take over retailers and gradually bleed them dry for their own benefit. By Robert Kuttner and cross-posted from Huffington Post
via RIGGED GAME, https://riggedgame.blog/2018/10/17/sears-didnt-die-vulture-capitalists-killed-it/
Comment by tonytran2015:
Company directors usually hide the assets from shareholders making them selling out their shares cheaply to vulture funds. Vulture funds then control those target companies, delist them from the Stock Exchange, take away all profitable parts. Vulture funds then make contract for predatory loans to those target companies giving them just a bare chance of survival in the fairest weather for about 3 years. Vulture funds then refloat target companies by IPO’s on the Stock Markets as “revamped companies” but they are actually Zombie Companies.
The latter are financial traps for inexperienced Stock Markets investors. After 3 years, most Zombie companies would fail due to predatory loans from their own (Vulture Funds) floaters. As creditors, the Vulture Funds again would come in to take possession of most assets of Zombie Companies.
Investors should stay well clear of any “revamped company” floated by some Vulture Funds or Private Equities.
Avoid-buying-zombie-floats-on-the-stock-exchanges
The Parasites of Western Economy, Part 5: Company Asset Strippers and Conspirators
The parasites of Western economy part 11: Vulture funds
Click here for my other blogs
SURVIVAL CONTENTS BLOG IMAGE OF SURVIVAL CONTENTS
MONEY CONTENTS BLOG IMAGE OF MONEY CONTENTS
SOCIAL ISSUES CONTENTS BLOG IMAGE OF CONT. OF SOCIAL ISSUES
LIVING BLOG LIVING CONTENTS BLOG IMAGE OF LIVING CONTENTS
HOW TO BLOG HOW TO CONTENTS BLOG IMAGE OF HOW TO CONTENTS
Click here go to
Home Page (Navigation-Survival-How To-Money).
ARCHIVAL HOME PAGE CONTENTS HOME PAGE BLOG IMAGE OF CONTENTS HOME PAGE
… [Trackback]
[…] Read More on on that Topic: survivaltricks.wordpress.com/2018/10/17/sears-didnt-die-vulture-capitalists-killed-it/ […]
LikeLiked by 1 person
… [Trackback]
[…] Read More here: survivaltricks.wordpress.com/2018/10/17/sears-didnt-die-vulture-capitalists-killed-it/ […]
LikeLike