VANITY: Please help me out with some particulars on this "Bain Capital" outfit

thanks

there are some private business owners here and there on the forum

finance guys and what not

bnblflag (RIP) was a bank president in East Texas

but most freepers don’t much about business really...especially finance and going public and debt offerings and all that

most here just ape what Rush says or Levin or FOX

Yes, we have been inundated by the idea that anything done by a business is covered by the word ‘capitalism’ and therefore is beyond criticism.

IMO this opinion is held in inverse proportion to actual experience in the world of finance versus a lot of flighty, high-minded philosophizing. I’d like to have Rush or Levin explain away some of the fierce lawsuits between businesses that I’ve been caught in- I mean wasn’t everybody involved just Doing Capitalism?

Well no, actually some were brazenly ripping everyone else off, and unless you have deep enough pockets to fight back they will succeed in stealing you blind and/or driving you right out of business. And this is just the behavior that is blatantly illegal, it says nothing about unethical behavior that is legal but which loots stockholders and other stakeholders.

Your elaboration of the different activities of Bain was well done. As a venture capitalist taking a risk on a new company it was an admirable firm. As an LBO artist taking a position that entailed no risk, enriching itself by selling off assets and loading its acquisition with debt, it wasn’t admirable at all.

Romney shot himself in the mouth when the best explanation of his business was just like what Obama did in bailing out the auto industry... Romney did not elaborate on the ‘cash for clunkers’ part of his business practices.

For the 1% rich that buy and sell politicians to protect their wealth racket this will be a most interesting election.

let me get this straight...you having been on free republic a long time and keeping up with current events I suppose

need a link to find out if Rush criticized Newt over Newt’s attack on Romney’s performance at Bain?

getouttahere!

just use your search engine hoss..Rush Criticizes Newt over Bain remarks

first few of 100s

http://www.mediaite.com/online/rush-limbaugh-absolutely-destroys-newt-gingrich-for-promoting-left-wing-social-engineering/

http://www.therightscoop.com/rush-drops-nuclear-bomb-on-newts-bain-capital-argument/

http://townhall.com/tipsheet/guybenson/2012/01/10/audio_rush_goes_nuclear_on_newts_bain_criticism

see for yourself...have you been asleep or something since Christmas

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