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philipwhiuktoday at 1:21 PM2 repliesview on HN

Leveraged buyout should be illegal.


Replies

elevationtoday at 1:33 PM

How would you phrase this though? Plenty of PE firms have the funds to buy your local veterinary clinic or auto body shop with cash; the leverage comes later, when they direct the business that they own to get a loan. How can you make it illegal for the business to get a loan?

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hylaridetoday at 1:37 PM

I think they should be perfectly legal, but there probably shouldn't be tax advantages for it (carried interest rule, etc).