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Home Q & A Board Humanities History
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hardyusuf hardyusuf
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6 years ago
Why were leveraged buyouts (LBOs) damaging to the U.S. economy in the 1980s?
 
  A. They allowed companies to acquire expensive assets without paying any taxes.
  B. They allowed a few companies to completely dominate entire economic sectors.
  C. They prevented companies from freely accessing credit for potential investments.
  D. They increased the amount of debt and unprofitable assets that companies possessed.
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niikittttniikitttt
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6 years ago
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hardyusuf Author
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6 years ago
You make an excellent tutor!
nicolepope23
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This calls for a celebration Person Raising Both Hands in Celebration
Lawson1981
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Smart ... Thanks!
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