Make the case...
14daroad, in response to #15 & #16...come on bro, really? That type of heartless, cold corporate raiding sits OK with you? I get it, private equity firms exist, leveraged buyouts exist...but let's not lump them in with a guy starting a rug cleaning service. The guy cleaning rugs charges a fee to clean your rug, he offers a service. He gets paid, you get your clean rug back. And if that guy works hard, maybe he hires some employees to help with an increasing workload. Everybody wins. When Bain does a hostile takeover of a company by putting up a small bit of capital and borrowing the rest, then forces the company to take on more debt and pays themselves a special dividend out of that debt, then bails while the company spirals towards bankruptcy, only Bain wins
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Bain invested in: Clear Channel, Domino’s Pizza, Burger King, Sealy Corporation, Dunkin’ Donuts, Gymboree, Toys R Us, RJR Nabisco, Michael’s Craft Store, Burlington Coat Factory and Staples
How did that turn out?
It is quite clear more jobs were created than were ever lost.
I still don't understand the criticism you're trying to make here.
For example:
And the fact that even some jobs were destroyed AT ALL is what pisses me off.
Um, Obama closed over 700 GM dealerships.
You're mad at Obama, right?
Further, how is what you're mad about any different from a company failing and all the employees losing their jobs?
14daroad, in response to #15 & #16...come on bro, really? That type of heartless, cold corporate raiding sits OK with you? I get it, private equity firms exist, leveraged buyouts exist...but let's not lump them in with a guy starting a rug cleaning service. The guy cleaning rugs charges a fee to clean your rug, he offers a service. He gets paid, you get your clean rug back. And if that guy works hard, maybe he hires some employees to help with an increasing workload. Everybody wins. When Bain does a hostile takeover of a company by putting up a small bit of capital and borrowing the rest, then forces the company to take on more debt and pays themselves a special dividend out of that debt, then bails while the company spirals towards bankruptcy, only Bain wins
![]()
Bain invested in: Clear Channel, Domino’s Pizza, Burger King, Sealy Corporation, Dunkin’ Donuts, Gymboree, Toys R Us, RJR Nabisco, Michael’s Craft Store, Burlington Coat Factory and Staples
How did that turn out?
It is quite clear more jobs were created than were ever lost.
I still don't understand the criticism you're trying to make here.
For example:
And the fact that even some jobs were destroyed AT ALL is what pisses me off.
Um, Obama closed over 700 GM dealerships.
You're mad at Obama, right?
Further, how is what you're mad about any different from a company failing and all the employees losing their jobs?

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