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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)
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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)
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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.


23 posted on 08/20/2007 9:07:21 AM PDT by lady lawyer
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