[greeneyes]

Good points. There is a big difference between free market capitalism, and what some of the corporate raiders have done. I remember in the 90’s when perfectly good companies were purchased in hostile takeovers, and basically, the employee pension funds were robbed to pay off the leveraged buyout loans.

Articles regarding abuses of this type of action appeared in the Wall Street Journal back then (not some Marxist rag). Whether Bain engaged in abuses or not I don't know. If abuses occurred, it is a legitimate issue.

If mittens can't come up with an intelligent way to defend his business actions(supposedly the main reason to elect him), then there is no way he beats Obama when they come at him on this issue. Better to find out now that he can't do it, than to find out when he is the candidate.

Myself, I am more interested in his record as Governor in Massachusetts. That record leaves me underwhelmed.

[GBA]

I remember in the 90’s when perfectly good companies were purchased in hostile takeovers, and basically, the employee pension funds were robbed to pay off the leveraged buyout loans.

Got that experience several times. Get bought, then everything gets chopped up into various 'units' and sold on the open market.

Worked for three different companies in three months and all in the same building at the same desk...all downhill after that until the last company closed it down a couple of years later.

I hate corporate raiders and their bean counters. No better than barbary pirates.