00:00Wall Street found a way to buy a house using your credit card and your signature.
00:04Private equity firms acquire healthy companies by taking out massive loans in the target's own name.
00:10The company you work for is legally forced to borrow the money used to purchase itself.
00:15Your employer's revenue pays off the billionaire's loan instead of investing in better equipment or staff.
00:22This debt stays on the business books while the new owners collect their immediate management fees.
00:27They prioritize their quarterly consulting checks over the long-term health of your entire workplace.
00:33When the interest payments become too heavy, they slash your benefits and pay to stay afloat.
00:38They call it a leveraged buyout, but it is actually a state-sanctioned form of corporate cannibalism.
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