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0xDEAFBEAD
4 days ago
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parent
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Bill to Ban Private Equity from Owning Medical Pra...
Why would banks lend to such an enterprise if they don't expect to get paid back?
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TylerE
4 days ago
[–]
They don't. They lend to the target company BEFORE the buyout.
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0xDEAFBEAD
3 days ago
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parent
[–]
So over time banks will learn to avoid lending to buyout targets?
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lazide
3 days ago
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root
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parent
[–]
banks generally lend using a set of relatively hard coded critera. it would take systemic change for them to ‘learn’.
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