And the freedom of Bain Capital to invest in companies, receive dividends, make a profit, sometimes succeed, and sometimes fail. And the freedom of lenders to loan money (or not) to Bain investments and not whine about what Bain does with the money if it's allowed under the terms of their loans.
Let Team Soetoro '12 make this a dispicable activity.
“And the freedom of Bain Capital to invest in companies, receive dividends, make a profit, sometimes succeed, and sometimes fail.”
There was no “sometimes fail”. When Bain purchased Worldwide Grinding Systems for $8 million they borrowed $12 million against the company, recouping their investment plus a healthy profit. Bain continued to receive dividends and management fees until the company failed.
So don’t worry, Bain didn’t lose a cent and it’s all legal. The sole whiners are the former employees of the steel firm, who had their retirement pay reduced by $400 a month.