Talk:Asset stripping

Merge

I think this should be merged with the corporate raid article.

Issues

It looks like the FSA has been abolished, but I don't know what's replaced it. In any case, this article mainly focuses on examples and regulations specific to the UK, and seems to editorialize the topic as mainly a bad thing without citing others' critique. Joe Schmedley^T* 04:56, 28 December 2014 (UTC)

Actually, I think now we can remove most of the UK examples, as they weren't highly useful to the article anyway. There are still some POV issues with the article, as well as lack of organization between the sections that I'm not comfortable trying to fix myself. Joe Schmedley^T* 18:06, 28 December 2014 (UTC)

How does an asset stripper make sure the revenue is to themselves?

How does an asset stripper make sure the revenue is to themselves? They buy the company and sell its assets to make money, I get that. But when they sell its assets, how do they make the revenue go to themselves and not back into the company? 110.55.2.1 (talk) 12:41, 1 August 2016 (UTC)

If the asset stripper bought the entire company, they now exercise total control of it and can simply make the company pay a dividend to its owners (i.e. the asset stripper). ExplodingCabbage (talk) 19:43, 20 May 2024 (UTC)

They get someone such as a Lawyer for example to enter the company in to Liquidation and put themselves in charge of the Administration. — Preceding unsigned comment added by 213.150.1.100 (talk) 13:26, 28 July 2020 (UTC)

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Inaccurate history

The history section claiming 3 originators of Asset Stripping is inaccurate, as Tiny Rowland, James Goldsmith, and Jim Slater were all engaging in this activity in the later 60s and early 70s (prior to the men listed). LeapUK (talk) 14:25, 26 November 2016 (UTC)

Not merely they, but Lords Hanson and White seemed to be notorious; men Lady Thatcher could do business with... Claverhouse (talk) 01:38, 23 November 2021 (UTC)