…Mark Maremont, writing in The Wall Street Journal, uncovered a likely explanation. When Bain Capital bought companies, it would create two classes of shares, named A and L. The A…
…a blog posting regarding Bain Capital, GM and Chrysler, which is incorrect. Refer to the CNBC retraction below. Please update your story accordingly. http://www.nationalreview.com/corner/288038/withdrawn-cnbc-report-bain-advised-obama-administration-auto-company-bailout-has-been- Best, Charlyn Lusk Charlyn Lusk Stanton…
…to Bain, but analysts concluded that “Bain has no value as a going concern.” And the government wasn’t likely to get much out of Bain if it allowed the firm…
…capitalism—appropriately nicknamed vulture capitalism—that Romney practiced at Bain Capital. For example, the prominent Silicon Valley venture capitalists do not (to my knowledge) buy companies in order to strip them down…
…Also your claim of fact is unquestionably false. The reason is that, well before 1999, Bain invested in firms which offshored. I quote from the un-retracted Washington Post story http://www.washingtonpost.com/business/economy/romneys-bain-capital-invested-in-companies-that-moved-jobs-overseas/2012/06/21/gJQAsD9ptV_story_1.html…
…Bain got its money back quickly. The new company issued $125 million in bonds and paid Bain a $36.1 million dividend in 1994. “What ?!$” you ask. Bain put in…
…distinction between, say, the funding-of-Silicon-Valley-startups venture capital model and the leveraged-buyout-to-extract-value-and-then-close-the-company model that Bain engaged in (apparently) regularly when Romney headed it. Yglesias doesn’t mention the former but contrasts the…
…Solyndra and private venture capitalists is that the former can only recoup its investment, while the latter can make substantial—sometimes huge—profits. But venture capitalists, unlike Bain and its executives, also…
…and Bain Consulting are not as unrelated as Bain PR agent Lusk wants y’all to think. They’re separate legal entities, and Bain Consulting, unlike Bain Capital, does not actually buy…
by Kenneth Thomas Another Romney/Bain Firm Got Subsidies (Then Closed a Plant) The Tampa Bay Times reports (via Jed Lewison) that another Bain-owned company, Dade Behring, was a recipient of…