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To: sick1

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.


45 posted on 01/09/2012 6:05:01 PM PST by Revolting cat! (Let us prey!)
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To: Revolting cat!

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)


50 posted on 01/09/2012 6:31:06 PM PST by sick1 (Don't fear the freeper)
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