No. of Recommendations: 0
The private equity investors will lose everything.
What we want vs what will actually happen.
PE will screech "JOBS LOST" and Spankee will give whatever they want. "NATIONAL EMERGENCY!"
Then PE will raid (via Wall Street investment bankers, insurance companies, etc) ALL the retirement funds--providing essentially "IOUs" for "CASH NOW". Investor cash is gone and they are left holding the bag--PE pays out the cash and poofs. As the IOUs aren't payable for years, it can be made to look ok "on paper". Meantime, the C-level people disappear/ retire and leave the mess for their successors--who file BK and/or issue MORE paper. Sound familiar?
