This is the TS playbook, buy with Shareholders money, spin off,...

This is the TS playbook, buy with Shareholders money, spin off, make yourself chairman, pay more salary from investment fund but dont invest, dilute CFE/CLE holding through share allocations. Disappears off books as holding is not material - hope no one notices.

Rinse and repeat.

Been over a decade since TS made a penny for anyone other than himself, and in reality he had a couple of lucky deals (which ended up in court and bad for the buyer) but some reason people still consider him a business genius.