FSG are the property owners of LFC but it doesn't mean they are loaning themselves money
LFC is a subsidiary of FSG, meaning that it acts as an independent legal entity rather than a department or division in FSG.
Thanks for sharing that information mate.
So, how does that work in reality? No jargon; no management-speak and no trying to F***ing hoodwink people with bull-sh*t, double-speak'...
FSG, the business, [principal investors John W. Henry/Tom Werner] lend LFC, the subsidiary, "independent" business, [principal owners John W. Henry/Tom Werner ] X amount.
Then LFC, the independent business, use that money for capital investment, thereby increasing the value of that 'independent business' [principal owners John W. Henry/Tom Werner ] and they, LFC, [principal owners John W. Henry/Tom Werner] then, in turn...
Pay the loan back to FSG, the business, [principal investors John W. Henry/Tom Werner] but... they are not
really lending themselves money because LFC is a subsidiary of FSG: would that be correct?
Such wonderful people; so altruistic and here was me thinking that they were merely carpet-bagging whores out to line their own pockets, without any financial risk to themselves or their investors.
How silly do I feel now?
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