knobmaker: Here's how Bain did it: They told the company's management that if they did not resist the takeover, there would be large executive compensation for them. They put in a small amount of their own money, borrowed many times as much, bought a controlling interest with the money, saddled the company with a huge amount of debt, stripped assets
Yankees Team Gynecologist: Of course he doesn't.Guys like o5iiawah can vote, people. Just let that sink in.
o5iiawah: There's no reason to "strip a company of its assets" if it is possible to make it profitable. There's more money to be made in using assets to make stuff than simply selling them for pennies on the dollar.
o5iiawah: There's no reason
o5iiawah: You figure
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