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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"Congratulations. You didn't elect a president. You hired a liquidator."
— Patsy âResistance Kittyâ Evans Ph.D. (@drharmony.net) 2026-04-10T03:26:44.828Z
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"Congratulations. You didn't elect a president. You hired a liquidator." (Original Post)
Miles Archer
2 hrs ago
OP
rampartd
(4,701 posts)1. hostile takeover by private equity describes the situation.
Clouds Passing
(8,012 posts)4. Private equity needs to become illegal.
rampartd
(4,701 posts)8. Regulated at least
certainly not given the key to the vault an d a get out of jail free card.
UpInArms
(55,036 posts)2. Chainsaw Al comes to mind
Albert J. Dunlap
Albert John Dunlap (July 26, 1937 January 25, 2019) was an American corporate executive.[2][3] He was known at the peak of his career as a professional turnaround management specialist and downsizer. The mass layoffs at his companies earned him the nicknames "Chainsaw Al"[4] and "Rambo in Pinstripes", after he posed for a photo wearing an ammo belt across his chest.[5]
It was later discovered that his reputed turnarounds were elaborate frauds and his career was ended after he engineered a massive accounting scandal at Sunbeam Products, now a division of Newell Brands, that forced the company into bankruptcy.[6]
Dunlap is on the lists of "Worst CEOs of All Time" published by several business publications.[7][8] Fast Company noted that Dunlap "might score impressively on the Corporate Psychopathy checklist"[9][10] and in an interview, Dunlap freely admitted to possessing many of the traits of a psychopath, but considered them positive traits such as leadership and decisiveness.[11][12] He was a major benefactor of Florida State University.[13]
It was later discovered that his reputed turnarounds were elaborate frauds and his career was ended after he engineered a massive accounting scandal at Sunbeam Products, now a division of Newell Brands, that forced the company into bankruptcy.[6]
Dunlap is on the lists of "Worst CEOs of All Time" published by several business publications.[7][8] Fast Company noted that Dunlap "might score impressively on the Corporate Psychopathy checklist"[9][10] and in an interview, Dunlap freely admitted to possessing many of the traits of a psychopath, but considered them positive traits such as leadership and decisiveness.[11][12] He was a major benefactor of Florida State University.[13]
Midnight Writer
(25,464 posts)5. Chainsaw Al is a hero to the business titans of today.
The richest people in America have modeled their businesses after Chainsaw Al's methods.
Baitball Blogger
(52,442 posts)3. kick
orangecrush
(30,533 posts)6. K&R
yorkster
(3,861 posts)7. The "Bane"Capital of presidents..
and that's just for starters, of course.
Response to Miles Archer (Original post)
yorkster This message was self-deleted by its author.
blue-wave
(5,259 posts)10. It's called Vulture Capitalism
Its' popularity started in the 80's.
King_Klonopin
(1,385 posts)11. It's particularly disgusting and evil when they do it to hospitals...
Case in point: Stewart Health Care. There will be others.
Our nation worships money and the wealthy. That's why the orange satan is our president.
Wicked Blue
(8,920 posts)13. and to nursing homes
flamingdem
(40,918 posts)12. Selling off the National Parks too
Grotesque
Exp
(971 posts)14. It's also known as "privatizing the profit while socializing the cost." nt
Bo Zarts
(26,386 posts)15. US Forest Service?
Fight your own fucking wildland fires.