Dick Tuck
Board Troll
- Aug 29, 2009
- 8,511
- 505
- 48
Bain did not make a huge profit. The pension was already finished when they bought it.
40% in three years is a huge profit, moron.
No it's not. Bain targeted to earn 30%+ per year. They held it for 8 years. It was a failure. A portfolio company that enters bankruptcy is a failure.
Targeting a 30%/year profit isn't huge? Are you really this stupid?
Bain ran the company dry, made a profit, and the American taxpayer was forced to bail out their pension plan. Is that correct, or do you want to try to dispute it?