They are the vampire squid wrapped around the head of the American economy, repeatedly thrusting their blood funnel into its face.
When does private equity actually add value these days? I can only recall them as some sort of nebulous vampiric entity that sucks up value.
RangerJosie@lemmy.world 1 week ago
Perfect analogy.
They’re leeches.
Company gets in trouble. They buy it for cheap. Suck it dry. Discard the corpse.