|
|
|
|
|
by lukasLansky
2488 days ago
|
|
It's not an uncommon way to get rich. Eastern European privatisation after the fall of the Iron Curtain often failed after management of corporations owned by many small shareholders borrowed company money to themselves, something that is obviously almost criminal negligence, certainly something that should get you removed from management ASAP. But before the shareholders managed to do anything, the money was used to buy controling stake in the company and weak protection of rights of minority shareholders took care of the rest. |
|