Romney what are you doing???

[BigPapaVol]

Romney did not turn around failing businesses, but bought them on the cheap. He then milked them for every ounce of profit. This could mean claiming bankruptcy albeit not under Bain Capital's name. This allowed Romney to screw people out of retirement plans. Bain would buy these companies with no intent of turning them around, but squeezing profit out of them until they were worthless. Bain could then use legal loopholes to ditch these toxic acquisitions without taking any of the hazard. It is a beautiful system the US government has orchestrated in which it is easier for a fortune 500 company to declare bankruptcy (and be back in business in a few months), than it is for an individual to do the same. So glad that the Supreme Court made corporations people.

Seems an odd business model and one foreign to me. Maybe you're reading too much trash on silly websites. The private equity business model is about leveraged returns, but max cash flow with expanded multiples is the true target.

It's absurd to pretend an equity investor has no risk in a leveraged acquisition.

Wonder how many of your lefty dream sheet are private equity LP contributors. Even the lefty university endowments are huge private equity players. Wonder why they invest in these thieves?

 

[volinbham]

Romney did not turn around failing businesses, but bought them on the cheap. He then milked them for every ounce of profit. This could mean claiming bankruptcy albeit not under Bain Capital's name. This allowed Romney to screw people out of retirement plans. Bain would buy these companies with no intent of turning them around, but squeezing profit out of them until they were worthless. Bain could then use legal loopholes to ditch these toxic acquisitions without taking any of the hazard. It is a beautiful system the US government has orchestrated in which it is easier for a fortune 500 company to declare bankruptcy (and be back in business in a few months), than it is for an individual to do the same. So glad that the Supreme Court made corporations people.

Sure that's it. The entire Private Equity industry is simply a scam perpped by good ole Uncle Sam.

Good Lord man.

 

[Vol Main]

Someone said, "let Romney be Romney." Someone else said, "there is no Romney."

 

[Gramps]

Ann Romney worries about Mitt's 'mental well-being' if he's elected President - YouTube

Ann Romney told a Nevada television station KTVN that her main concern if her husband wins the upcoming election would be over his state of mind.

"I think my biggest concern, obviously, would just be for his mental well-being," she said on Thursday.

"I have all the confidence in the world in his ability, in his decisiveness and his leadership skills, in his understanding of the economy, in his understanding of what's missing right now in the economy -- you know, pieces that are missing to get this jump-started.

So for me I think it would just be the emotional part of it."