That particular quote of mine, "When you're ultimate goal is profit, whether a company fails or is successful, you're in it for the wrong reasons", was my admonishment of the practices, like those at Bain, where purposeful gutting at the expense of employees who didn't HAVE to be let go, or unnecessary company *restructuring*, or a host of other procedures that took place, were done specifically to not stabilize the company for the long term...but to stabilize it long enough, polish it up enough, to roll it over for cash. Company bankruptcy or jobs be damned.
ah, you mean a big company taking over another smaller company with investor's money... then using that small company's assets to take out a massive loan, and the big company using that loan to pay themselves and calling it cap gains so that they are only taxed at 15%... all the while having the leveraged smaller company being the responsible party to the loan.. and when they can't pay it, they are forced to file for bankruptcy and close up shop 2 years or so later?.. with the original investors to the buyout losing their investments as well? not too mention all the employee of that smaller company losing their jobs?
well if you don't agree with that, then you're just a communist..
