re: #70 Killgore Trout
Wall street (or at least the executives in charge) makes money either way. I don’t think they care. They’ll all ride their firms into the ground leaving shareholders to take the damage.
Heard a story on NPR today. Sea World is going public. After it was bought by a Romney Type asset management co. (that’s my new point of reference now - Romney Type) that loaded it the shit up with debt to pay themselves- the management company. Sea World is making bank right now, but its a huge risk because of all the debt the Romney company stuck it with.
What a fucked up business model we’ve invented.