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A comment on Dick Smith Is the Greatest Private Equity Heist of All Time. Parent comment

Re:Dick Smith Is the Greatest Private Equity Heist of All Time by arethuza on Tuesday January 05, 2016 @08:35AM (#10843143)
Perhaps you could perhaps argue that PE companies play the same role in the commercial world as scavengers do in ecosystems - rip up the dead or nearly dead and try and extract value from it.

Not something that I could do, or even admire, but capitalism is much about failure as it is about success.

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Re:Dick Smith Is the Greatest Private Equity Heist of All Time by fireflash38 on Tuesday January 05, 2016 @01:18PM (#10844915)
Isn't that the problem here? It seems like Dick Smith was already well on the way to failure, but Anchorage comes in and props it up like it's succeeding enough to cash in on a stock offering.
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