Bain ripped Ampad to shreds and dumped the workers out of the street to find new jobs or die, while sucking up all their pension money. That’s just a fact. It’s what corporate raiders do. Not looking at WHY Ampad was vulnerable in the first place, however, is the giant cricket in this story. Outsourcing and giving all sorts of tax breaks to importers while jacking up an ocean of regulations and taxes within the US is what REALLY killed Ampad - Bain was just the scavenger tailing the end of the pack to attack the crippled.
Without the Rat & RINO wholesale sabotage of American business, companies like Bain would be far fewer, have to work far more ethically, or roam elsewhere in the world to stay alive.
dumped the workers out of the street to find new jobs or die, while sucking up all their pension money...
....I’ll call BS on that! Fed regs fully protect all VESTED pension benefits, and NO money reverts to owners unless there is a surplus after the purchase of all earned pension benefits. Can’t happen any other way and hasn’t in my 30 years in the business.
ymmv
The successes far outweigh any failures.
Most people don’t know that Hillary Clinton was on the Board of Directors of WalMart for several years and exported more jobs than any other company in the USA. That’s why Charlie Trie and all the other illegal campaign contributors came in from China and then returned prior to being prosecuted.
That’s why WalMart flew Bill around to the primaries in their aircraft!
There is the biggest culprit.