Read this morning’s WSJ article (linked here somewhere) to see how many of those “stressed companies” that Bain made “desirable” went bankrupt after Bain collected its share.
I read it. If you read beyond the headline and first few paragraphs, then you’ll see that the bankruptcy rate was:
a) not unreasonably high
b) skewed by small Bain’s small company focus
c) skewed by the inclusion of firms up to 7 years past when Bain controlled them (remember Bain has a duty to sell to the highest bidder not to the smartest bidder unless their interest is ongoing)