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Có phải khái niệm "pháp nhân" biến tướng khi vào việt nam?
21 Apr, 2020
là lập công ty tnhh vay ngân hàng số tiền lớn (thực hiện dự án), rồi chuyển sang hết tài khoản cá nhân, rồi tuyên bố phá sản (xù nợ),
mà các ảo thuật gia tài chính ở mỹ từ những năm 1980 (hay xa hơn thế) đã làm vậy rồi,
giống như trong cảnh phim Goodfellas, bọn cướp sở hữu/quản lý quán rượu, vay ngân hàng, dùng hết tiền, rồi đốt quán (lấy tiền bảo hiểm nữa)...
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In 1993, economists George Akerloff and Paul Romer wrote a paper on the conjoined (nối, chắp lại) two crises of 1980s finance. The first was mass junk bond defaults late in the decade, and the second was the savings and loan crisis of deregulated banks going bankrupt en masse as they engaged in an orgy (cuộc vui điên cuồng (uống rượu rất nhiều và/hoặc làm tình); cuộc chè chén trác táng, cuộc truy hoan; sự ham mê miệt mài một hoặc nhiều hoạt động; điên cuồng; sự lu bù) of self-dealing and speculation (giao dịch có hành vi lạm dụng kinh doanh để tư lợi và đầu cơ). The paper was called Looting: The Economic Underworld of Bankruptcy for Profit, and in it, they described how financiers can profit by destroying corporations, using a particular strategy. “Our description of a looting strategy,” they wrote, “amounts to a sophisticated version of having a limited liability corporation borrow money, pay it into the private account of the owner, and then default on its debt.”
What Akerloff and Romer were basically talking about was a legal version of the bust-out scene from Goodfellas. In that movie, mobsters took an ownership stake in a restaurant they often frequented, and then used the restaurant’s credit to buy liquor, which they would move out of the back and sell at half off. When the restaurant’s credit was all used up, they burned the restaurant to the ground to collect the insurance money. It was an intentional bankruptcy (phá sản có chủ đích), a theft from creditors by those who had control of the restaurant and did not care what happened to the asset in the end.
...The reason I’m reminded of this paper is because private equity is a business created in part by junk bond takeover specialists in the 1980s, who were the topic of Akerloff’s and Romer’s paper. What’s interesting about junk bond specialists is that they had a more insidious plan than the mobsters in Goodfellas. Mobsters just stole from the bank, which did not know that the restaurant had become an object to be looted. But financiers of the 1980s actually captured control of the bank.
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Tags: economics
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