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Private Equity companies like Bain get rich by buying companies, restructuring them and then flipping them either through private transactions or via an IPO. Many times they will load up the companies using leverged debt management advice and pay themselves back using the debt money and saddling the companies with the debt. They also get [...]
Another wishful thinker. Isolationism didn’t work in the 1930s and is even less defensible today. The problem with hiding your head in the sand is that your behind is still sticking up in the air. Like it or not, we’re in a global fight with the most vicious advice animals on the planet. The sad [...]
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The FED is selected by the Banks, and they deal with the Banks exclusively. US Citizens cannot kick out FED members, nor can the criticize or complain against them. Bernanke and his FED have an incestuous relationship with the big Banks. When the Banks lost a few bucks because they took too much risk, Bernanke [...]
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I was glad that my sister hired the child custody lawyer that I told her about when she filed for divorce. This particular lawyer will always put the kids first. While trying to come up with custody arrangements between two parents, he will remind them that the children’s needs will come first and the bickering [...]