I understand one of the companies that was deep sixed was in deep trouble when Bain took it over. Their Steelworker union was a major player in the downfall.The mill was built in the late 1800’s and the union played hard ball and wouldn't let the company modernize or even try to become more efficient. Typical union stuff.
All of those old steel mills have expired, unable to compete with the newer mills established after WWII in the US and Europe.
What Bain did is how you describe Capitalism.
I do not favor Romney, but conservatives cannot fault him on this,
Go Perry!!!!