VIEWS ON LEVERAGE BUY-OUT Chen Baosen（74） Leverage buy-out has led to huge wealth concentration and redistribution among the upper class in the United States and has become a matter of great concern. It was the characteristic of the new annexation wave in the 1980s. There are two completely different views on leverage buy-out and on whether the government should intervene. The negative effects of leverage buy-out have become more clear, but ways to deal with them are still in the process of endless debate.