So Mitt Didn't Leave Bain in 1999 After All

[Cancel 2016.2]

Really? Bain didn't get a 2,000% ROI while creditors of Ampad got .002%? Are you saying that didn't happen?

LMAO...

Again... what was the condition of MEAD when it sold AMPAD to Bain? What happened to the profitability of the firm after Bain took it over?

You point to the end and pretend that is all that happened. You continue to fail to talk about what was going on in the beginning and what happened during the total tenure of Bain.

 

[CanceledB]

LMAO...

Again... what was the condition of MEAD when it sold AMPAD to Bain? What happened to the profitability of the firm after Bain took it over?

You point to the end and pretend that is all that happened. You continue to fail to talk about what was going on in the beginning and what happened during the total tenure of Bain.

You are now justifying what Bain did to Ampad, and the 2,000% return they received when it went bankrupt. Is it fair to say you are in agreement with Bain's actions with Ampad? Or are you going to deny the facts again?

 

[Cancel 2016.2]

Lovey is pro-Romney, which is why he continues to argue that Romney's misadventures with Bain were venture capitalism. They weren't.

Wrong. I am voting for Johnson. That said, I am trying to correct the BS going on from the left with regards to Bain and what it is they do. You have no clue what you are talking about and are simply spitting off BS talking points from Obama and other left wing groups.

 

[Jarod]

can someone cliff me on the standard arguments in this thread? so i can just pick up right here?

Bascially a CEO is an Honary title and being a companies CEO does not mean you work there.

 

[CanceledB]

Wrong. I am voting for Johnson. That said, I am trying to correct the BS going on from the left with regards to Bain and what it is they do. You have no clue what you are talking about and are simply spitting off BS talking points from Obama and other left wing groups.

Oh really? Am I lying about the 2,000% ROI while creditors got 0.002% and then the company went bankrupt?

 

[Bonestorm]

Bascially a CEO is an Honary title and being a companies CEO does not mean you work there.

And Rmoney is the only sole shareholder, chairman of the board, president and CEO of any company anywhere that was merely a passive investor.

 

[Jarod]

I guess I am CEO and Chairman of the Board of APPLE, as I own stock...~!

 

[Cancel 2016.2]

You are now justifying what Bain did to Ampad. Is it fair to say you are in agreement with Bain's actions with Ampad? Or are you going to deny the facts again?

again... Mead was going down when Bain bought Ampad. Had they not, what would have happened to all those jobs and the creditors of Ampad in 1992?

Do you understand that the purchase by Bain saved those jobs for the time being?

Do you understand that under Bain's management net sales increased dramatically for the company?

Do you understand that it was not only Bain that profited from 1992 until the filing? The employees had jobs during that time as well.

Yes, due to competition, they eventually had to file Chapter 11... It is an example of a company that didn't make it in the long run. That happens. You again are cherry picking the companies that did not make it, looking at the end result and pretending that is all that happened.

Why is it that you continue to refuse to address the condition of the companies PRIOR to Bain taking them over?

 

[Jarod]

Candy, why wont you address Mittstorm's lie?

 

[Cancel 2016.2]

Oh really? Am I lying about the 2,000% ROI while creditors got 0.002% and then the company went bankrupt?

You are not lying about the amount of money they made. The Senior Secure debt holders got about 50% return. All other creditors got nothing. Which is fairly normal in a BK.

Now, can you actually answer my questions to you? I am addressing the ones you pose to me. Please show the courtesy of returning the favor.

What was the condition of Mead (the parent company of Ampad) when Ampad was sold to Bain?

What happened prior to the BK of Ampad while Bain was running it?

 

[CanceledB]

You are now justifying what Bain did to Ampad. Is it fair to say you are in agreement with Bain's actions with Ampad? Or are you going to deny the facts again?

Yes, due to competition, they eventually had to file Chapter 11... It is an example of a company that didn't make it in the long run. That happens. Y

I gotta say, Lovey, you are always good for a hearty laugh!

 

[cawacko]

Oh really? Am I lying about the 2,000% ROI while creditors got 0.002% and then the company went bankrupt?

My apologies here as I haven't followed the whole conservation. Is your point in this example that private equity is wrong/bad or needs to be more tightly regulated by the federal government to prevent these type of occurences from happening?

 

[CanceledB]

My apologies here as I haven't followed the whole conservation. Is your point in this example that private equity is wrong/bad or needs to be more tightly regulated by the federal government to prevent these type of occurences from happening?

My point is that Bain's practices are despicable yet legal and those who are enriched by such practices at the abundant and life-ruining expense of others are not morally fit to be president.

 

[Cancel 2016.2]

My point is that Bain's practices are despicable yet legal and those who are enriched by such practices at the abundant and life-ruining expense of others are not morally fit to be president.

So you refuse to address my questions to you?

 

[Cancel 2016.11]

I'm not sure this whole "VC' thing is the way to go. I don't know if you're familar with something called "Vietnam"? Well, anyway, the term VC doesn't really have positive connotations. Though we are talking about Americans. I've always said that I bet you could introduce a line of frozen Asian dinners under the brand name "Pol Pot" and Americans would eat it up with no clue! I"d love to do the ad campaign for that.

 

[cawacko]

I'm not sure this whole "VC' thing is the way to go. I don't know if you're familar with something called "Vietnam"? Well, anyway, the term VC doesn't really have positive connotations. Though we are talking about Americans. I've always said that I bet you could introduce a line of frozen Asian dinners under the brand name "Pol Pot" and Americans would eat it up with no clue! I"d love to do the ad campaign for that.

You obviously haven't spent much time in the Silicon Valley. I think every third word out of business people's mouths out here is VC.

 

[CanceledB]

So you refuse to address my questions to you?

Yes, your questions are irrelevant to my point.

 

[Cancel 2016.2]

I'm not sure this whole "VC' thing is the way to go. I don't know if you're familar with something called "Vietnam"? Well, anyway, the term VC doesn't really have positive connotations. Though we are talking about Americans. I've always said that I bet you could introduce a line of frozen Asian dinners under the brand name "Pol Pot" and Americans would eat it up with no clue! I"d love to do the ad campaign for that.

PE work better for you?

How about FU?

 

[Cancel 2016.2]

Yes, your questions are irrelevant to my point.

They are completely relevant to what Bain does. Like I stated long ago... you just wish to cherry pick and parrot left wing nut talking points. You have no interest in the facts or the truth.

 

[cawacko]

My point is that Bain's practices are despicable yet legal and those who are enriched by such practices at the abundant and life-ruining expense of others are not morally fit to be president.

Would you prefer the government step in and essentially ban M&A's or the private equity industry? Or I should ask without making assumptions what would you like to see happen to the industry?