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by BillSaysThis 253 days ago
You’re assuming, or insinuating, the PE firms don’t immediately start paying themselves outsized management fees, bonuses, and the like.
2 comments

And you're assuming, or insinuating that lenders don't care that the collateral for their loans are getting drained by the PE company. It's like saying buying a house is a free money machine because you can demolish it and strip out the copper.
They don't receive bonuses until they exit.