By using this site, you agree to our Privacy Policy and our Terms of Use. Close
gergroy said:
bannedagain said:
gergroy said:
bannedagain said:
gergroy said:
bannedagain said:
gergroy said:
bannedagain said:
gergroy said:
WiiBox3 said:

 

 

 

.  






Well dude I think the video no matter how you twist it, shows a crude business man  that could give a sh-t about normal people. All he had to do is make a few million less. All those companies could have been saved. If you don't understand why they went in and bought them is clearly over your head. It was about loading them up with debt and then walking away with all the money. So basically they forced the process for profit.


What the hell man, there have been several links in this thread with links to why this film has been discredited and i can see you couldnt be bothered to look at them.  Let me break it down for you, all the companies and events talked about in the film happened AFTER mitt left.  It may show a crude businessman, but it wasnt romney.  


Well he thinks CNN is a rightwing source when it tends to report things slightly to the left of NPR... sooo.

Also, one of them did get closed down while Romney was at Bain.  Just it was closed down by the Canadian Pension fund.

All together, the documentries biggest fault is probably not understanding what it is a company like Bain capital does. 

They buy companies that are failing, and about to go bankrupt.... and try and turn them around.  If they don't, they sell their underlying assets which often are valued higher then the price they paid for them because the people who owned them don't want to go through the bankruptcy process.

To blame Bain Capital for people losing their jobs is like blaming an ER surgeon for people dieing.  Those people were going out of buisness/going to lose their jobs anyway.