Quote from cgroupman:
Truth is, I have no real problem with equity companies buying, streamlining, and selling companies. That's needed sometimes. I was just unaware of the extent of Bain Capital's involvement.
Do they really have controlling interest in Toys R Us, Warner Bros., and Staples? Guitar Center? Really?
c
Yes, at one time. Most of those companies that we know and respect today were teetering on bankruptcy or in serious financial trouble. Those companies exist today because of the much needed capital they got at the time. Were people fired from some of these companies? Most likely. Had they gone bankrupt, they all would have been gone. Save what can be saved.
