Bain Capital

[jerryseinfeld1]

Since when is capitalism such a bad word?

Bain Capital is the very nature of capitalism. In a way, this election is truly defining. Because, by demonizing Bain, what Obama is essentially saying is that capitalism is bad.

Is this the President this nation wants?

[BubberMiley]

Is this the President this nation wants?

Judging from the polls, yes.

[CANADIEN]

Since when is capitalism such a bad word?

Bain Capital is the very nature of capitalism. In a way, this election is truly defining. Because, by demonizing Bain, what Obama is essentially saying is that capitalism is bad.

Is this the President this nation wants?

Destroying communities, shipping jobs to countries where people can barely feed themselves on their salaries. That's what Bain Capital is. And that's not the very nature of capitalism. It,s capitalism turned into greed.

[jerryseinfeld1]

Destroying communities, shipping jobs to countries where people can barely feed themselves on their salaries. That's what Bain Capital is. And that's not the very nature of capitalism. It,s capitalism turned into greed.

Bain Capital invested moneyt for firefighters and teachers unions. So what you are saying is firefighters and teachers destroyed communities and shipped jobs overseers just so they could all retire comfortably?

[CANADIEN]

Bain Capital invested moneyt for firefighters and teachers unions. So what you are saying is firefighters and teachers destroyed communities and shipped jobs overseers just so they could all retire comfortably?

Nice try. This is about the actions by romney and the management at Bain Capital. And please do yourself a favour by not trying to hide behind civil servants and unions.

[msj]

The thing for me is that Romney has no reason to brag about Bain capital:

In other words, Bain produced all Beta, no Alpha. They used high leverage and took big risk for what was essentially market level rates of return. Any investor who listened to Vanguard’s John Bogle would have done about the same during 1984-1998 – just buy the S&P500 index, and hold it, reinvesting the dividends. The net returns would be ~20% per year — without giant fees or excessive risks necessary.

No Alpha: Bain Capital’s Investment Results

[jerryseinfeld1]

Nice try. This is about the actions by romney and the management at Bain Capital. And please do yourself a favour by not trying to hide behind civil servants and unions.

Civil servants put their money into pension funds. These pension funds are managed by various firms, like Bain Capital.

As a public sector union employee, you profit when Bain does. This isn't some small detail - this is where the money comes from.

Why is it that a retired teacher can complain about business practices from which they directly benefit?

[BubberMiley]

Why is it that a retired teacher can complain about business practices from which they directly benefit?

Is this hypothetical retired teacher made of straw?

[Smallc]

Is this hypothetical retired teacher made of straw?

[CANADIEN]

Civil servants put their money into pension funds. These pension funds are managed by various firms, like Bain Capital.

As a public sector union employee, you profit when Bain does. This isn't some small detail - this is where the money comes from.

Why is it that a retired teacher can complain about business practices from which they directly benefit?

In other words, retired teachers should just shut up, right?

Edited September 16, 2012 by CANADIEN

[The_Squid]

Is this hypothetical retired teacher made of straw?

Nice!!

[GostHacked]

Civil servants put their money into pension funds. These pension funds are managed by various firms, like Bain Capital.

If I invest in mutual funds through my bank, I have no control over where I am investing in. The bank is supposed to make those decisions for me. If they fail to invest wisely or through illegal means, then why would you say the teachers and firefighters are responsible? Your argument fails in at least two ways here.

As a public sector union employee, you profit when Bain does. This isn't some small detail - this is where the money comes from.

The teachers and firefighters expect a return, but they would want it done within the legallities of the law. If Bain engaged in less than legal business practices, then they should be punished for being careless with the trusted funds.

Why is it that a retired teacher can complain about business practices from which they directly benefit?

If said teacher had direct control of how the investments were done, then yes you can complain to them. But in the end of the day, Bain signed the paperwork and made the transaction happen.