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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (132626)5/15/2012 9:09:56 AM
From: longnshort3 Recommendations  Read Replies (1) of 224749
 
"Bain Capital's responsibility was not to create 100,000 jobs or some other number. It was to make profits for its investors, most of whom were pension funds, endowments, and foundations" he said.

"It did it superbly well, acting within the rules, acting very responsibly, and was a leading firm. To pick out an example of somebody who lost their job, unfortunately, this is part of capitalism, this is part of life. I don't think there's anything Bain Capital did that they need to be embarrassed about."

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