It’s even more insidious than that. It’s the same playbook as Sears, ToysRUs, and even Bed Bath Beyond. PE takes the company over, reduce quality to “increase profits” but really to start the death spiral as customers leave. They put all their friends on the board and pay them risk free compensation. Then they hire a bunch of their friends a consultants from companies like BCG, and bleed the company dry while “figuring out why the customer are leaving”. Then they leverage the business up with a bunch of debt to continue paying the consultants and board of directors, while their friends in big finance short and distort the company into bankruptcy. Their friends win big while the customers, shareholders, and employees lose.
Combined? Absolutely.
Dividend recapitalizations let the PE sponsors have the company borrow new money specifically to pay special dividends and fees straight to them. That cash is extracted and gone. If the business later files for bankruptcy, the remaining debt is the company’s problem, it gets restructured or only partially recovered by creditors, while the sponsors keep everything they already took out. Management and advisory fees paid by the portfolio company add another layer of returns that do not depend on the equity surviving.
@LaGariance@Burby3000@Dexerto I mean I could post a ton more there are so many but again you don't want the truth you just want to deny.
lol. Every other quest that expac was "I want to be with my partner can you help me?"
So are you baiting or are you retarded?
“Turning the other cheek” is one of Christ’s most misunderstood teachings.
Many think it means Christians should be passive, weak, or defenseless.
In the Sermon on the Mount, Jesus said: “If anyone slaps you on the right cheek, turn to them the other also.” Matthew 5,39
This actually commands courage and manhood.
In first-century Judea, a slap on the right cheek meant a backhanded insult, a gesture of humiliation.
By turning the other cheek, Christ taught His disciples not to respond with vengeance, but to refuse humiliation and retain dignity.
Christ did not preach surrender to insult, he told us to be viril, masculine and end the cycle of hatred by being the bigger man.
@LaGariance@Burby3000@Dexerto every single npc introduced in the disaster that was the Dragonflight expansion lmao
Or do you just pretend this expansion never existed like blizzard?
@Metal_Dumbbell@Burby3000@Dexerto It's sad but WoW died for me after cata
Seeing the modern cutscene leaks makes the wraithgate cinematic feel high quality lol