by pewpewwastaken January 8, 2021
Get the pew pew the raider mug.a person participating in the most bad ass sport in the world. Ski Racers ski hard and party hard. Ski Racers are natural enemys of Park Rats.
by racetiger99 June 1, 2011
Get the Ski Racer mug.Related Words
Raier
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by T.Bags July 30, 2008
Get the Rectal Raider mug.(FINANCE) someone like Carl Icahn or Victor Posner; a manager of a PE fund or takeover vehicle (e.g., T. Boone Pickens with Mesa Petroleum) who organizes hostile takeovers of undervalued corporations.
WHY THEY'RE BAD
Corporate raiders insist they're looking out for the shareholder by forcing the managers to focus on increasing the value of the firm. If a company's share prices are high, it supposedly reflects well on the management of the firm; if the prices are low, the shareholders presumably would benefit from the takeover battle and subsequent change of management.
The flaw in this argument is (a) shareholders are not the only stakeholders in the corporation; workers, neighbors, and consumers also have interests that deserve protection; and (b), the impact of the corporate raider on FUTURE shareholders is inherently damaging over the long run because the targeted corporation's share prices are driven to a higher baseline anyway. After the takever battle between the raider and management, FUTURE buyers of the stock pay a higher price but are stuck with stagnant share prices because further increases don't make economic sense.
If the leveraged buyout succeeds, the company is saddled with debt in excess of its book value, which imposes an extreme burden; if it fails (greenmail), then company is still saddled with immense debt.
WHY THEY'RE BAD
Corporate raiders insist they're looking out for the shareholder by forcing the managers to focus on increasing the value of the firm. If a company's share prices are high, it supposedly reflects well on the management of the firm; if the prices are low, the shareholders presumably would benefit from the takeover battle and subsequent change of management.
The flaw in this argument is (a) shareholders are not the only stakeholders in the corporation; workers, neighbors, and consumers also have interests that deserve protection; and (b), the impact of the corporate raider on FUTURE shareholders is inherently damaging over the long run because the targeted corporation's share prices are driven to a higher baseline anyway. After the takever battle between the raider and management, FUTURE buyers of the stock pay a higher price but are stuck with stagnant share prices because further increases don't make economic sense.
If the leveraged buyout succeeds, the company is saddled with debt in excess of its book value, which imposes an extreme burden; if it fails (greenmail), then company is still saddled with immense debt.
Usually a corporate raider makes his killing by risking (and mostly losing) the money of other people.
He usually quotes Ayn Rand bromides about his adversaries being moochers and wreckers, but he destroys the livelihood of thousands, and he makes his fortune through ambush.
He usually quotes Ayn Rand bromides about his adversaries being moochers and wreckers, but he destroys the livelihood of thousands, and he makes his fortune through ambush.
by Sorry, the good guys lost September 4, 2010
Get the corporate raider mug.BR: looka me! i got an escort/vuaxhall nova/ renualt clio with a spioler, fat tyres, a maxpower sticker and neon lighting.
ME: So what engine mods did you put in?
BR: Eh???
ME: So what engine mods did you put in?
BR: Eh???
by Gumba Gumba February 21, 2004
Get the boy racer mug.by det.und August 26, 2005
Get the prof railer mug.The tool who is just gagging to cut in front of you in some sot of race to get to no particularly better position in the lead up to the RED lights.
The knobs who race from one set of lights to another.
The knobs who race from one set of lights to another.
Look at this friggin stoplight racer cuttin in, WHERE ARE YOU GOING PASSHOLE THE LIGHT IS FUCKING RED!
by dieselcom August 3, 2007
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