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The global dealmakers see this global restructuring of the last few years as a win-win situation for everybody involved. The U.S. MNCs cleared their balance sheets of unprofitable investments, and the Japanese and Western Europeans were able to invest their excess cash in assets made cheaper by the ailing dollar.
ISSUE FOR DISCUSSION
Critics have accused Lord Hanson of deliberately destroying good relationships among a business, its employees, and its community just to make a pile of money. They say that his strategy of buying U.S. companies, reselling them, and then buying some more hurts the poor workers, their families, and the stockholders. Refute or support this argument.
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