Comment by outop

2 years ago

You've replied with the same trivial urban myths that are endlessly repeated about private equity.

You've compared the incentives of private equity and a small business owner. Do you think that Red Lobster was previously a small business?

Why can't you answer the question on the different incentives that apply to different owners of large businesses? If a private equity fund can make a profit by buying a successful business, discouraging all its customers and then "selling the corpse", why can't other owners do the same thing?

Why does the company having a large amount of debt change the decision a restaurant chain's management makes between selling cheap and good food, or cheap and bad food, or expensive and bad food, or expensive and good food?

Literally everything that you've said about this has been handwaving and rumours. Explain the decisions based on where the money comes from and where it has to go to, if you can (you clearly can't).

You citing Nabisco as the best example of what you believe is comical since it's from 40 years ago (and famously fraudulent).