Economic Rat Eff’ing Today

A little music to get you in the mood?

Only Candy-Eating Rats Survived Private Equity’s Necco Takeover

That’s a headline you don’t see everyday.

“The tale contains familiar ingredients: Bad management. Excessive debt. Changing tastes. And bankruptcy after a decade of ownership under private equity owners including Ares Management LP. Add in one more stomach-churning item — hordes of rats on the factory floor.”

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8 Responses to Economic Rat Eff’ing Today

  1. Bruce388 says:

    Companies don’t survive the Romney treatment. The only people who make are out are the Romneys of the investment world.

    Liked by 3 people

  2. Dennis Cole says:

    The same sad story as the downfall of the mighty Sears Co. Vulture capitalists take over, and then walk away with what few goodies remain. And what they’re not telling you, (deliberately?) is that worker’s pensions are often part of the parting package. DOUBLE rat fuckery! Lose your job, AND your pension as well.

    Liked by 2 people

  3. Big Bad Bald Bastard says:

    They should have started selling rat on a stick to appeal to the low carb crowd.

    Like

  4. Frank McCormick says:

    This is what happens when your only product is money.

    Liked by 1 person

  5. Osiris Opto says:

    Rats on the factory floor. That’s where they fucked up.

    They shouldn’t let the board members onto the factory floor to begin with.

    Like

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