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)
Further reading
In 1971, when a new public library opened in Troy, Michigan, famous authors and artists were invited to write letters to the city’s youngest readers, extolling the many benefits of libraries. One of the loveliest was from E.B. White, author of...
Judy from Huntsville, Alabama, recalls her stepmother’s words of encouragement: He that hath a horn to toot and tooteth it not, the same shall not be tooted. This faux-formal bit of advice goes back at least to the 1850s. A variation goes:...