Actually, their goal is to make money for themselves and those that provide the private equity funds. Often times they do it by pouring vast amounts of money into a company in an attempt to make it profitable once again. If that fails, they sell their assets, and likely lose money as well.
But that's private equity, something that white-collar public union members really don't understand. That's why I hope all lefties keep banging that anti-Bain drum -- I'm sure it will work out for them in the end! On Jun 3, 2012, at 9:51 AM, Bruce Johnson wrote: > > On Jun 3, 2012, at 7:33 AM, Francis Drouillard wrote: > >> Bain uses private capital to try to save companies. > > No they didn't. His own partners have admitted this. They used private > capital to generate profits for themselves. > > THAT was it. -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/stratalist-ot?hl=en.
