Mitt Romney made the vast majority of his money doing this. He’d buy a company cheaply that has a lot of debt (in particular, pension obligations). He’d then jump the queue for getting paid out and shaft all the other debt holders (in particular, pensioners).
Mitt Romney made the vast majority of his money doing this. He’d buy a company cheaply that has a lot of debt (in particular, pension obligations). He’d then jump the queue for getting paid out and shaft all the other debt holders (in particular, pensioners).