|Does Birkshire carry the leverage that Bain does when they purchase companies?
Posted: 7/26/2012 11:37:48 PM
You are 100% correct, Birkshire is pure slime...there arent too many on my list lower than Warren, but Bain is one of the few worse.
Warren loves to take advantage of taxpayer freebies and back room deals, he did not make his profits from open market purchases..yeah he is a user of the system and someone I dislike..
Bain has Warren beat 10 times over for filth and destruction, at least Buffet holds more and actually runs the companies..Bain sucks out the equity and tosses any that survive back to the markets loaded up with the real cost of their equity stripping.