To: RolandBurnam
anyone know how he made his money? I saw the article the other day he is worth 200 million. How did he get it? Corporate takeovers. Buy a healthy company with borrowed money, saddle it with debt, part it out, and walk away with the profits.
20 posted on
08/20/2007 9:00:48 AM PDT by
EternalVigilance
(States' rights don't trump God-given, unalienable rights...support the Reagan pro-life platform)
To: EternalVigilance
thank you. the big article the other day talking about his wealth didnt mention its origin.
22 posted on
08/20/2007 9:05:00 AM PDT by
RolandBurnam
(soylent brown is poop)
To: EternalVigilance
I don’t think he did takeovers, at least the way you characterize them. Bain Consulting did corporate consulting — helping troubled companies become profitable. Bain Capital did venture capital, financing startups, like Staples.
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