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..
Sigh. I'm not sure why you posted that Bain post that you cribbed from TPM since you locked the Bain thread. But it doesn't address why I started the thread. I want to know what Chuck's alternatives were, and you have been determined to shut that down for some reason. You really don't want a substantial discussion on this forum.
Maybe this is just the wrong place for a substantial discussion.
