Talk of The Villages Florida - View Single Post - Let's Talk Bain Capital
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Old 01-16-2012, 02:17 PM
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Default Does Anyone Actually Know How Private Equity Firms Actually Works?

I had an inkling but got quite an education in various articles published recently in WSJ and then by surfing the net. While their only motive is profit and not an ounce of altruism, in the long run these firms are a benefit to our economy.

However I can understand why some people refer to equity firms as vultures. Because in essence they do serve in a number of cases in the same manner as vultures in the wild. Clearly some of these equity firms operate solely to buy companies at a bargain just to sell off the assets, etc and make a quick profit much the way people flip houses in the residential market.

Further, you would be inclined to view it that way had you been one of those caught up in one of these eating machine. Captialism, like stocks bonds and commodities need winners and losers. You love it if you win and not so much if you lose.

Then you add into this mix the business mannerism/philosophy of a private equity firm and you may leave some folks hating you more.

So I can see but perhaps may not agree why some folks would cast a shadow over Bain Capital.

I am pleased this issue is out there now. I hope for the Republican sake romney can address this issue with honesty and clarity and positivity.