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Private Equity Firm Bought My Employer
(lemmy.world)
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
Our Goals
I'm assuming the last word was meant to be debt. How is this legal when it's blatantly obvious that they're essentially stealing money from their other debtors when they file bankruptcy? This is just theft with a few more steps.
I meant debt indeed. And as long as the company survives, nobody is going to investigate where the cash is flowing. If it does go bankrupt, someone might. The question is, who is going to pay for the investigation to prove the wrong doing?
Because these same people write the laws and spend billions fighting regulation?