Comment
Comment by avs733
It seems like it would be an all around benefit to the economy to disrupt the model that hedge funds use to invest in companies. Obviously access to capital is important. Obviously there are companies that benefit from more efficient operations (e.g., the Olive Garden drama of years past...BREADSTICKS). However, I cannot seem to find any benefit in allowing a hedge fund to charge for services to a company it has taken over. To buy a company with the pure goal of extracting any short term value with the intent of destroying it seems to be a long term societal ill that should be regulated out of existence.