4 Comments
User's avatar
The Credit Strategist's avatar

Great article. PE is like locusts stripping businesses of their assets to pay interest on debt & dividends to themselves & leaving them undercapitalized & in many cases in bankruptcy.

Expand full comment
Unicus Research's avatar

Thank you. Yes, and most of the bankruptcies seem to be in the medical sector, leaving the unassuming consumers stranded without proper directions.

Expand full comment
The Credit Strategist's avatar

PE likes healthcare because there is so much government money paid into the sector. Hopefully DOGE & the coming budget deal will address that. PE has ruined many hospital companies by cutting their expenses to pay down debt and pay themselves large dividends while the government let them get away with it. But PE does that to every industry it touches. That is how it makes money for itself while hurting everyone else associates with the companies in which it invests.

Expand full comment
Mr. Lawrence's avatar

Excellent. Time to buy trucks and trailers at .20 on the dollar?

Expand full comment