Reply #8: That's exactly why I went back to get an MBA. I saw two companies destroyed [View All]

[SharonAnn]

by KKR in leveraged buyouts and wanted to understand how all this stuff worked and why two excellent companies with good revenues and solid financials could be destroyed like that.

So, I learned how it's done. But most importantly, I learned WHY it's done. I came face to face with evil and greed. I understood the financial tools that were used, I understood how a few people got extremely wealthy by destroying the companies, and I understood the awful effect of throwing people out of work, I understood how product quality levels were ruined and how customers were screwed.

In other words, the only one(s) who "win" are the leveraged buyout predators. Not only does everyone else lose (and lose big), but many of them are destroyed and the company is ruined.

I've been watching this happen over and over again almost 30 years.