And then disappears when he's been handed another shellacking. Only to come back & start it all over again on another issue, lol
And then disappears when he's been handed another shellacking. Only to come back & start it all over again on another issue, lol
Nevertheless, Bain and its partners decided to buy the mill for $75 million. Bain put up about $8 million to gain majority control of the company, renamed GS Technologies Inc.
THE BIG DIVIDEND
Bain got its money back quickly. The new company issued $125 million in bonds and paid Bain a $36.1 million dividend in 1994.
Ok, I lost track on what this debate is about.
Is it about Romney?
Bain?
VC's in general?
Nevertheless, Bain and its partners decided to buy the mill for $75 million. Bain put up about $8 million to gain majority control of the company, renamed GS Technologies Inc.
THE BIG DIVIDEND
Bain got its money back quickly. The new company issued $125 million in bonds and paid Bain a $36.1 million dividend in 1994.
Ok, I lost track on what this debate is about.
Is it about Romney?
Bain?
VC's in general?
Um, again, I'm not the one suggesting that one example exemplifies Bain's business approach.
You are.
And again, if Bain is not interested in "long term interests of the company" why as majority shareholder did they oversee the plant moderinzation?
Um, again, I'm not the one suggesting that one example exemplifies Bain's business approach.
You are.
And again, if Bain is not interested in "long term interests of the company" why as majority shareholder did they oversee the plant moderinzation?
And then disappears when he's been handed another shellacking. Only to come back & start it all over again on another issue, lol
Except you can point to 0 examples of where I"m "handed a shellacking"
And then disappears when he's been handed another shellacking. Only to come back & start it all over again on another issue, lol
Except you can point to 0 examples of where I"m "handed a shellacking"
I'm not that educated about the past ventures of many of our distinguished "politicians".........but I try to read what I can. Froma Harrup had a nice column today about Romney & Bain that educated me a little about these scumbags.
I'm not that educated about the past ventures of many of our distinguished "politicians".........but I try to read what I can. Froma Harrup had a nice column today about Romney & Bain that educated me a little about these scumbags.
Except you can provide zero examples of me "defleting" since every post & reference I made in this thread was about Bain.
Duh.
Except you can provide zero examples of me "defleting" since every post & reference I made in this thread was about Bain.
Duh.
wall
one can also point out the Solydra investors being out in front of the American taxpayer
Bain = Obama administraion?
wall
one can also point out the Solydra investors being out in front of the American taxpayer
Bain = Obama administraion?
ok, but the irony of Obama's actions and that of Bains amuses me
1+1 does = 2
ok, but the irony of Obama's actions and that of Bains amuses me
1+1 does = 2
Yes but you seem to be painting a picture of Bain having 0% success and plundering every company that it was involved with. This is just not the case. Do they plunder some companies, yes they do. Do they do it to all, no.
Have they laid off people, yes. Have they also hired people, yes.
I can provide factual data to back this up but you and I both know what I am saying is true.
They are in the business of risk investing with hopes of making money (I know, its a dirty word) but that is what they do and the results are not always pretty. I do not necessarily agree with plundering companies but I am sure there are VC's with worse track records and results.
Anyways, that's my 2 cents on the subject.
Yes but you seem to be painting a picture of Bain having 0% success and plundering every company that it was involved with. This is just not the case. Do they plunder some companies, yes they do. Do they do it to all, no.
Have they laid off people, yes. Have they also hired people, yes.
I can provide factual data to back this up but you and I both know what I am saying is true.
They are in the business of risk investing with hopes of making money (I know, its a dirty word) but that is what they do and the results are not always pretty. I do not necessarily agree with plundering companies but I am sure there are VC's with worse track records and results.
Anyways, that's my 2 cents on the subject.
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