Asset-Stripping

Corporate Exploitation of Asian Financial Crisis Structural Adjustment

1998-06-15 00:00:00 +0000 UTC | Importance: 9/10

In June 1998, multinational financial institutions and international organizations systematically exploited the Asian Financial Crisis through coordinated structural adjustment policies. The IMF and World Bank engineered $100 billion in support packages that effectively restructured Asian economies, …

Goldman Sachs Citigroup McKinsey & Company IMF World Bank +2 more corporate-capture economic-intervention asset-stripping globalization imf-intervention +1 more

Carl Icahn TWA Hostile Takeover - Asset Stripping Blueprint

1985-05-01 00:00:00 +0000 UTC | Importance: 9/10

In May 1985, Carl Icahn orchestrated a hostile takeover of Trans World Airlines (TWA), becoming a quintessential example of 1980s corporate raiding. Icahn acquired 50% of TWA through a leveraged buyout, eventually taking full control by 1988. His strategy involved systematically selling the …

Carl Icahn Trans World Airlines American Airlines corporate-raiding asset-stripping leveraged-buyouts corporate-destruction 1980s-financial-history