This is what SHOULD happen.
Private Equity firms like Bain are CAPITALISM at work. The exact opposite of the Obama bailouts.
(Though Romney has done an AWFUL job, thus far, in explaining this point.)
Yawn. Your arguments are stinky platitudes. Sounds like a naive Capitalista demagogue who conflates government-rigged corporatism with free-market entrepreneurialism.
There is nothing wrong with companies like Bain; I worked for one for awhile.
But not all companies and not all deals are good or effective, and there were many things wrong with the actual deals that Bain did and with the fact that it relied on the government to back it in some cases. Romney has never had to explain this, and he should.
Bankruptcy or Bain and taxpayer bailout apparently was the situation more than once.