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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe GOP essentially governed using the Bain Capital "business model":
Raise debt, screw the workers, destroy pensions, and charge everything.
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The GOP essentially governed using the Bain Capital "business model": (Original Post)
Viva_Daddy
Sep 2012
OP
HenryBasil
(6 posts)1. Spam deleted by DURHAM D (MIR Team)
DonViejo
(60,536 posts)2. Just like Tony Soprano
prairierose
(2,145 posts)3. I think, instead of destroy pensions...
you should say, "steal pensions" because that is what the private equity firms do. After they fire half the workers, borrow against the company, often twice, they steal the pension funds and leave so the company goes bankrupt. Or, after they steal the pension funds, they sell the factory and machines to a company in China.
grasswire
(50,130 posts)4. chaos capitalism n/t