asterisk2a + capital + bain   1

Matt Taibbi: Mitt Romney and the Looting of America (1/2) - YouTube
https://de.wikipedia.org/wiki/Heuschreckendebatte // companies turned into financial instruments. // fictionalisation of economy // >> money spend (debt) on hostile takeover/LBO/MBO/M&A are tax deductible! << = invest in debt, rather than equity! & carried interest is only taxed at 15% max. still can reduce it w deductions xyz. // !!! NO SKIN IN THE GAME !!! Nassim Taleb //
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february 2016 by asterisk2a

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