Bain Capital was set up in the 80’s and was the reason for the growth during Reagan’s time. Companies at that time with double digit inflation and high interest rates sat on a lot of cash. Fear leads to inaction so when they had enough of that pain Romney’s firm came in and force them to be profitable. Need sone of that private dynamism.
Your logic is not logical. If these companies were sitting on cash they would not be bankrupt nor in need of Bains Capital.