This is one of he most interesting and unsettling of the accounts of Active Investment. Activist investment is basically taking a badly run company and creating change so that it would be run better. Bill Browder did the whole thing on steroids - he invested in companies that were being criminally embezzled, exposed the scams and created value for the owners by stopping them from being robbed blind. Fantastic idea - just good. A win win for the government, the owners - everybody except for those doing the stealing.
The unsettling thing is when the tables turn, when power rests with the criminals the game changes. The fate of one of the lawyers involved is truly horrific.
No comments:
Post a Comment