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I-Man

10/09/20 7:26 AM

#563 RE: pcjockey #560

I ran a venture capital project development funding consultancy once. These "vulture capitalists" are same thing Mitt Romney was in 70's & 80's and made all his money. They come in on distressed corps. take minimum 51% control, change corp structuring with IRS, run them up, then sell out everything and walk away..

The damn practice should be outlawed IMHO...

GLTA..