It is about stripping assets out, larding the business up with debt while you quickly fill your bank account, then
abandoning the business in a condition it cannot survive in, and moving on to the next rape target. Did some occasionally
survive? Sure.
For some obscure reason this reminds me of a Mafia quote, Something about “pin it, take it and then eat it, if you can’t do that then eat it while its still running.” It had to do with how the Mafia would take over businesses and then just leave the shells as they searched for their next target.