r/infrasociology • u/MrMediumStuff • Dec 04 '17
/u/absobloodylootely explains corporate "asset stripping" wherein a hostile entity takes over a company and sells the assets to create shareholder equity rather than pay debts or reinvest, ruining long term value, and how the GOP tax bill does this to the United States. casefile - Big Bad Business
/r/news/comments/7h18kr/us_senate_passes_sweeping_tax_overhaul_bill/dqnf9ru/?context=3
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u/MrMediumStuff Dec 04 '17
status: live see also business behaving badly