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Author: rincewind.run (did:plc:6hit5rjdbmlnscmuk4bbtmuc)

Record🤔

uri:
"at://did:plc:6hit5rjdbmlnscmuk4bbtmuc/app.bsky.feed.post/3knyjirorsv2w"
cid:
"bafyreic44mmp532p3noenh35xcglsv545j7pk3fvzb3qnokzj3cmo3rdlu"
value:
text:
"the private equity acquisition process where they take out huge loans to buy a company, put those loans on the company’s balance sheet and liquidate the company to pay them off (while looting the assets) should be made illegal 

it is a purely destructive process and it’s absurd that we allow it"
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"app.bsky.feed.post"
embed:
$type:
"app.bsky.embed.record"
record:
cid:
"bafyreiehxkzzjtd55g32svq3nyaptd2xpoec5r3bdj6nfsta5pbkwzqno4"
langs:
  • "en"
createdAt:
"2024-03-18T18:52:53.485Z"