Unfortunately, sometimes you do have to break up companies or fire half the workforce or whatever to save companies.
If you don’t make those kind of hard decisions, you lose the company and all of the workforce of that company.
That is reality and reality sometimes has to bite.
I don’t think that description fits the reality of what Romney was up to. If that’s all there was to it, there wouldn’t be any controversy. It ain’t that simple at all.
No one is disagreeing with what you’re saying...seems like BAin was in the business of doing more raiding, pillaging and banking in at the end at taxpayer’s expense.
There are plenty of private equity firms and venture capital firms that bring value to, and strengthen a business they invest in. Likewise, there are some who do acquire solid companies, sometimes acquired using 70+% leverage, which were then used to take on more debt solely for the purpose of paying the investors a “dividend”.
Check out the book “ Dangerous Company”.
You didn’t watch the movie did you?