Originally Posted by ATCsaidDoWhat

World lost it when the hedge fund folks cooked the books enough to get funding to buy NAA, plus a lot more to stuff their pockets with. They dumped the debt service on Worlds' back, knowing full well that on their best day, World would never be able to service the debt. Which didn't matter because they already got the cash out of the deal and left a shell.

Just like another group...called Bain Capital...name sound familiar?...did with companies.

The bankruptcy exit allowed them to do it again, despite agreements to change how they did business. Again...like Bain Capital.