Home » Dictionary » strip-and-flip


 v. phr.— «Typically, in a buyout situation like this, the new owners follow some variation on what has come to be called the strip-and-flip script. They proceed to gin up profits at their new holding by any means necessary, then take their plaything public on the stock exchange and make a killing selling shares of their new company’s stock.» —“Does Greed Fuel Stupidity in Corporate America?” by Sam Pizzigati AlterNet July 10, 2008. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

At First Blush (episode #1529)

Book recommendations and the art of apology. Martha and Grant share some good reads, including an opinionated romp through English grammar, a Spanish-language adventure novel, an account of 19th-century dictionary wars, and a gorgeously illustrated...

Care Package (episode #1511)

Sending someone a care package shows you care, of course. But the first care packages were boxes of food and personal items for survivors of World War II. They were from the Committee for American Remittances to Europe, the acronym for which is CARE...