Romney's Bain Capital Made Billions While Bankrupting Companies It Invested In

by Bill - 2012-01-09 - in education / news / politics


via Romney's Bain Capital Made Billions While Bankrupting Nearly One-Quarter Of The Companies It Invested In | ThinkProgress.

Bain's modus operandi was to invest in companies, leverage them up with debt, and then sell them off for scrap, allowing Bain's investors to walk away with huge profits while the companies in which Bain invested wound up in bankruptcy, laying off workers and reneging on benefits.

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