@ChrisMayLA6 Paying dividends out of profits is how I think many people think things should work. In reality it's a rare firm that doesn't have some debt somewhere.
I found this article on #SenatorElizabethWarren's "Stop Wall Street Looting" act. I don't think it was actually passed, but it shows that improvements could be made.
It mention's #EddieLampert's looting of #Sears which made a big impact in #Canada as they were a major retailer here before their bankruptcy.
https://www.creditslips.org/creditslips/2019/08/private-equity-abuses-limited-liability.html