Comment Comment by burnt-resistor Step 1. Take out a giant loan.Step 2. Buy a company on credit.Step 3. Stick company with the loan used to buy it.Step 4. RIF, cut costs, reduce quality, break contracts, and discontinue goods and services.Step 5. Sell everything of value.Step 6. Send that company into bankruptcy.Step 7. Rinse, lather, and repeat. parent burnt-resistor 1 year ago
Step 2. Buy a company on credit.
Step 3. Stick company with the loan used to buy it.
Step 4. RIF, cut costs, reduce quality, break contracts, and discontinue goods and services.
Step 5. Sell everything of value.
Step 6. Send that company into bankruptcy.
Step 7. Rinse, lather, and repeat.