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#1 by Anonymous (Nobody) at 19 May 2014 12:10:02 GMT
| 4. They were bought by two prvtiae equity firms after the last bankruptcy. The first thing they did was load them up with over $800M in debt in order to pay the new owners large dividends and management fees. The 80% management pay raises probably didn't help either. And don't get me started on executive compensation packages |
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