Comment by bena
2 years ago
That's the trick though, they don't own it. They often take a company private and make the company "own itself". Then make it take out exorbitant loans to pay them their consultation fees. Then they fuck around as consulting management as the company struggles to meet even the interest payments on the massive loan taken out in its name.
All reward, no risk.
No comments yet
Contribute on Hacker News ↗