LOL @ You is my response.
You have zero idea how money works, what the goals of a firm like Bain is and I have no problem with what he did.
Did he return huge profits to Bain investors on some companies which were going into the toilet and would have even without Bain?
Yes and he had an absolute responsibility to make as many gains as possible so they could finance their next investment.
You and everyone else really believe Bain should have taken a bath on every deal they found was going to be a loser? Really?
Do you ever wonder why you live where you live and live the way you live?
Does your piety pay the bills? Make you money?
I don’t mean this as an insult but, you are completely clueless as to what the objectives are of money and what it is suppose to do.
More people benefited from Bain than didn’t.
I wonder why we don’t hear about the deals where Bain absolutely and totally lost money? Wouldn’t be as sexy, right?
I have lost plenty of money on investments and I’m sure Bain had a few where they thought “We’ll do better on the next one and won’t make that mistake again”.
But there where still deals they lost money on.
No one bats 100% so let’s hear about the ones he totally lost their investment on and maybe went a little further in the hole on than they intended.
Anyone?