Once upon a time...

...there was a successful shop with a lot of cash in its accounts. It was going to face a lot of competition from other online shops, but it was ready to fight. However a financial firm took control of the shop using other people’s money (leveraged purchase) and didn’t care for the fight. They just wanted to gain access to the cash, so they decided to increase the debt of the shop as much as possible (at the time, it looked good for the debt buyers and/or banks, because the business had more than enough cash) and use the cash to pay themselves.

Now the shop is in bankrupcy. Perfect cash extracting.