You can asset-strip countries, too, indeed.
See,
Cerberus' fortunes were tied to Likud, GOP, and Madoff, still trying to strip the Treasury
Edited on Sat Aug-29-09 03:21 PM by leveymg
Like many vulture capital funds, CCM fed off of the corpses of companies fattened and then killed off by the policies of Right-wing administrations. War produced most of the roadkill, and bad industrial and public finance policy accounted for much of the rest. Then, there were the bailouts. Lots of rotting meat to feast on at the public expense. But, that's a game that can only be played so long.
See,
leveymg's Journal - That was a heckuva deal for Cerberus that ...That was a heckuva deal for Cerberus that bought Chrysler in 2007 for $1.35B. Posted by leveymg in General Discussion Wed May 06th 2009, 02:30 PM ...
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Advertise on more than 70 progressive blogs! leveymg's Journal .... In May 2004, Feinberg's private equity group, Cerberus Capital ...
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Daily Kos: State of the Nationleveymg's diary :: :: The web connecting major GOP donors to the US .... Cerberus-Gabriel, a large Israeli hedge fund has been identified as the owner of ...
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http://www.dailykos.com/story/2007/3/10/21... So long, Cerberus. You were a top vulture, treasury carcass stripper and company killer while you lasted.
My mistake when I assumed these interlocking scams and scandals would actually kill off this huge carrion-eater. Too big to kill.