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A comment on Private Equity Wants in on the Bailout? Spare Me. Parent comment

Re:Private Equity Wants in on the Bailout? Spare Me by rmrfstar on Friday April 03, 2020 @02:52PM (#22772790)
You can make money robbing little old ladies on their way to the grocery store. Doesn't make it a socially useful activity or one that should be permitted in a civilized society.
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Re:Private Equity Wants in on the Bailout? Spare Me by smabie on Friday April 03, 2020 @04:26PM (#22773622)
Are you saying that buying a company and having it take on debt should be illegal?
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Re:Private Equity Wants in on the Bailout? Spare Me by TuringNYC on Friday April 03, 2020 @06:33PM (#22774577)
I think they are saying that some things are lower in the line of requiring publicly funded bailouts. Like, say, perhaps we should spend the money on longer unemployment checks for the poor and middle class before we consider giant checks to risky business ventures.
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Re:Private Equity Wants in on the Bailout? Spare Me by rmrfstar on Friday April 03, 2020 @10:07PM (#22775619)
Yeah, I think that most LBO's should be taxed out of existence. The industry is a destructive and parasitic.

https://www.youtube.com/watch?v=qs1DhA91fm0

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