Not sure about Bain, but most of these corporate raiders were there to divest the retirement programs due to the 16-20% returns they were getting from the dot com bubbles. They also provided a service of getting rid of obsolete industries like Steel and old manufacturing jobs that were being attacked by the gummit and being shipped overseas to more business friendly environments.
Capitalism will go where there are profits to be made and Bain was doing exactly that. Those stories would have happened with or w/o Bain or any other company. In reality they were a natural result of gummit regulation.
Pray for America
I agree but would add. IF Bain did anything wrong or questionable, what they did was still legal. If Democrats were not passing laws, rules and regulations that are totally screwy and choosing winners and losers, perhaps these companies outcome would have been different.
If there’s any blame or fault it’s NOT because of capitalism but due to Democrats (and a few Republicans) who created a system the way it is.