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A comment on Hedge Fund Math: Heads We Win, Tails You Lose. Parent comment

Re:Hedge Fund Math: Heads We Win, Tails You Lose by lisper on Friday December 23, 2016 @08:04PM (#13248083)
> you can't just close it and open again

Actually, you can if you declare bankruptcy.

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Re:Hedge Fund Math: Heads We Win, Tails You Lose by lordfoom on Saturday December 24, 2016 @04:38AM (#13249193)
You just pick up the factory, set it up in a different part of the world, and start it up again?
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Re:Hedge Fund Math: Heads We Win, Tails You Lose by twic on Saturday December 24, 2016 @12:32PM (#13250699)
You don't even have to move it. You can set up a pre-pack insolvency, then buy up the business - assets, employees, stock, everything - in a new company and just keep going, but without the debt. There have been some scandals about business owners doing this, but I don't think it's been entirely effectively stopped.
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