Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

bucolic_frolic

(43,465 posts)
9. Oligarch Recycling: Driving companies into bankruptcy is a whole industry now
Tue Jul 24, 2018, 07:50 AM
Jul 2018

Debt-BK-going public - rinse and repeat, and strip out the equity and pile on the debt at each turn.
Shareholders lose everything. Start again.
It's toys for the Big Boys.

Great post underpants Jul 2018 #1
Be really great if Bain got nailed - finalky laserhaas Jul 2018 #2
rec Kurt V. Jul 2018 #3
My hopes is that Blankfein is revolving out laserhaas Jul 2018 #6
Bain Did The Same Thing True Blue American Jul 2018 #4
Exactly! laserhaas Jul 2018 #5
K&R PatSeg Jul 2018 #7
RomneyPOS Racerdog1 Jul 2018 #8
We are too kind with our moniker for MitTwit laserhaas Jul 2018 #23
Oligarch Recycling: Driving companies into bankruptcy is a whole industry now bucolic_frolic Jul 2018 #9
Yes, it has been for a long time Sherman A1 Jul 2018 #10
Mitt started Bain Capital, in the 80s laserhaas Jul 2018 #12
Spot On! laserhaas Jul 2018 #11
I was in an unemployment benefit class last week LakeSuperiorView Jul 2018 #17
Employees in such cases, are required to get a 60 day laserhaas Jul 2018 #19
Wake up America oasis Jul 2018 #13
If only.... laserhaas Jul 2018 #14
Keep trying. We can pull out of it if we don't give up. oasis Jul 2018 #38
They kidnapped my daughter and killed my fellow laserhaas Jul 2018 #43
There must be a list of corporate bankruptcies over the last 35 years bucolic_frolic Jul 2018 #20
Ha Ha...most are unaware that Paul Traub killed laserhaas Jul 2018 #24
Republican robber barons seize every opportunity to fleece ordinary oasis Jul 2018 #32
Spot On! - That's what happened under GWB laserhaas Jul 2018 #36
Bush/Phil Gramm's Enron pals screwed millions before that happened. oasis Jul 2018 #39
Paul Traub was involved in Enron and Adelphia too. laserhaas Jul 2018 #40
Sadly, this stuff isn't "sexy" enough to be given adequate MSM exposure. nt oasis Jul 2018 #41
You have Sachs & Bain & Mitt involved; but that isn't sexy laserhaas Jul 2018 #42
Wiki blocks anybody who posts about our cases. laserhaas Jul 2018 #44
It is actually illegal - under SarOx and Dodd Frank laserhaas Jul 2018 #27
Vulture Capitalism-Romney Has His Sights on the US Treasury Next dlk Jul 2018 #15
That's been my point, for a decade plus. If you can steal laserhaas Jul 2018 #18
K&R Puzzler Jul 2018 #16
Thanks laserhaas Jul 2018 #25
That's my DU name ... Puzzler Jul 2018 #31
I'm sorry...sleepy laserhaas Jul 2018 #35
I know that feeling! Puzzler Jul 2018 #37
Sorry...I haven't been to bed - yet laserhaas Jul 2018 #30
No problem! Puzzler Jul 2018 #34
Romney defrauded Mattel for $4 Billiin laserhaas Jul 2018 #21
Capitalism has no empathy, just like tRump nt elmac Jul 2018 #22
Concur! - They have no moral compass laserhaas Jul 2018 #26
Also insane that the parties who put Toys R Us into BK laserhaas Jul 2018 #28
So in essence Bain is responsible for destroying the entire toy store ecosystem in this country? Afromania Jul 2018 #29
Exactly! - Once Mitt's gang ripped off Mattel for $4 billion laserhaas Jul 2018 #33
Link to article on Sen Warren Bankruptcy Venue BILL laserhaas Jul 2018 #45
This is the details on Romney's version of Frank Nitti (Paul Traub) laserhaas Jul 2018 #46
This is link to details of corrupt US Attorney Colm Connolly laserhaas Jul 2018 #47
Link to article about question of Trump Obstructing Justice protect Romney & Sachs laserhaas Jul 2018 #48
Trump nominated 2 MNAT partners to fill 2 out of only 4 judgeships laserhaas Jul 2018 #49
Romney couldn't have stolen toy bankruptcies without help by laserhaas Jul 2018 #50
You lost...several times..stop. AncientGeezer Jul 2018 #51
Don't you just love newbie accounts attacking victims laserhaas Jul 2018 #52
Latest Discussions»General Discussion»Here's Details on Bain Ca...»Reply #9