High leverage is unsafe, not just for a company but the entire economy... LBOs are reducing the safety. Management loses the power to do many things. It has no margin for error and less margin for additional risk.
High leverage is unsafe, not just for a company but the entire economy... LBOs are reducing the safety. Management loses the power to do many things.… - Franco Modigliani
High leverage is unsafe, not just for a company but the entire economy... LBOs are reducing the safety. Management loses the power to do many things.…
- Franco Modigliani
Is it important that the rent of land be retained as a source of government revenue. Some persons who could make excellent use of land would be un… - Franco Modigliani
Is it important that the rent of land be retained as a source of government revenue. Some persons who could make excellent use of land would be un…
A situation where people can grow old without having a job that rewards them individually while adding to the collective well-being is morally unacce… - Franco Modigliani
A situation where people can grow old without having a job that rewards them individually while adding to the collective well-being is morally unacce…
Login to join the discussion
Login to join the discussion