(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 03, 2010
"Bi wife energy" is a term that was coined through a song by the user @/cringelizard on Tik Tok to describe the energy that Misha Collins radiates, explaining it with the fact that he is married to a bisexual woman, Victoria Vantoch. The full song can be found on all music streaming services and YouTube.
People with bi wife energy are fiercely supportive of the LGBTQ+ community, their love for their spouse, if they have one, is strong and people sometimes assume they are queer.
In their first video about this, @/cringelizard referred to Misha as a "hetero guy", but amended in a later added verse that the actor does not like labels.
The term "bi wife energy" can be used for people of all genders, regardless of relationship status, although "bi husband energy" has also been used in several videos across Tik Tok.
---------------------------------------------
Lyric excerpt:
(Verse 2)
Now sometimes people assume I'm queer
And I have to say, hey! just a straight guy here
But I get it a lot, and I don't mean to be cruel
It's just that my wife is a bisexual
(Chorus)
Bi wife energy
He has bi wife energy
BI wife energy (yeah)
He has bi wife energy
People with bi wife energy are fiercely supportive of the LGBTQ+ community, their love for their spouse, if they have one, is strong and people sometimes assume they are queer.
In their first video about this, @/cringelizard referred to Misha as a "hetero guy", but amended in a later added verse that the actor does not like labels.
The term "bi wife energy" can be used for people of all genders, regardless of relationship status, although "bi husband energy" has also been used in several videos across Tik Tok.
---------------------------------------------
Lyric excerpt:
(Verse 2)
Now sometimes people assume I'm queer
And I have to say, hey! just a straight guy here
But I get it a lot, and I don't mean to be cruel
It's just that my wife is a bisexual
(Chorus)
Bi wife energy
He has bi wife energy
BI wife energy (yeah)
He has bi wife energy
"You know Misha Collins?" "You're talking about that actor, right? The one that radiates bi wife energy?"
"Amy Santiago has so much bi wife (bi husband) energy!"
"Amy Santiago has so much bi wife (bi husband) energy!"
via giphy
by notoriouswriter March 21, 2021
May 26 trending
- 1. Watermelon Sugar
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- 3. Girls who eat carrots
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- 18. ain't got
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- 21. Rush B Cyka Blyat
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