Last year, Warren Buffet invested $5B in Bank of America. Bank of America agreed to cut their overhead as a condition of the investment. Bank of America is in the process of laying off 40,000 people. Do you hold Warren Buffet personally responsible for their job losses?
A conspiracy eh? Jeremiah Wright is a racist fuck, retard, anti-semite, and anti-american. Tony Rezko is doing time for his scumbaggery. Both of his daddies were Muslims from other countries. Eric holder and "Van" Jones don't really need an explanation. Van jones is another racist fuck and commie, and i really can't believe that holder is still AG.. dropping the voter intimidation charges against the black pussies, lying about "fast and furious", and now his handling of the martin case. These are shady people, it is not an opinion. If Mittens pastor at his church was like Wright, or if he had a relationship with a guy like rezko, or surrounded himself with radicals like holder and jones, you clowns would be all over it. You take this SINGLE example of a "vicious" attack (lol) and conclude that he must be a bad guy.. wtf?
What characteristically precipitated the downfall of some of Bain's "investments" were large dividend withdrawals that followed the increase in leverage upon acquiring the companies. They did not really try to streamline operations in an effort to improve performance and longevity, they gutted liquidity with withdrawals, which thereby further increased leverage and made such companies that much more susceptible to collapse. Which happened with some regularity among their "investments" after they made out like bandits, robbing the companies of their very lifeblood. That's predatory rather than curative. Please try not to compare surgery with butchery. http://www.romneygekko.com/mitt/
I'm sure the poeple who lost their jobs feel that way, too. In the end, it's all the same. It's cutting overhead (people) to benefit the investors. Doesn't matter what you call it.
It does if they leave behind a trail of broken companies, far worse off than they were before Bain preyed upon them. Again, surgery vs. butchery. It matters if you're the unsuspecting guy on the "operating" table. Bain was all about Bain, financial management and corporate citizenship be damned. The exceptions prove the rule.
A trail of broken companies? Bain invested in more than 250 companies. According to your statistics, 6 went bankrupt. Doing the math, 2.4% of the companies went bankrupt and 97.6% did not go bankrupt. So you're saying that 6 failures out of 250 investments is a "trail of broken companies"? That's a bit like saying that Babe Ruth struck out 1330 times without mentioning anything else about his career.
Romney's record 97.6% ................. Obama's record 50% (with tax payers money) I'm going with Romney.
Not to mention the fact that Romney wasnt even working at Bain when any of those companies went bankrupt..... another epic failure by Brass.