Companies used to do that before the leveraged-buyout / MBA / private-equity ridiculousness started. I think...Youngstown Tube Co had its own mines, called "captive mines" dedicated just to making metal for them. That's where captive insurance got its name.
Comments
Companies used to do that before the leveraged-buyout / MBA / private-equity ridiculousness started. I think...Youngstown Tube Co had its own mines, called "captive mines" dedicated just to making metal for them. That's where captive insurance got its name.