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Leveraging assets and taking $$ out of it to pay dividends to the investors will lead to bankruptcy.
Yes - and it's totally and completely LEGALIZED THEFT. These are people are CRIMINALS and should be forced to pay back what they STOLE.
Just like you or I going out and maxing out all our CC lines of credit. Right now I've got $100k I don't use. Waiting a while, and then filing bankruptcy. Meanwhile, I've still got the $100k hidden around somewhere. It's easy to do, because most bankruptcy trustees don't check on where the money went, especially for the smaller fry, like us. We're all just too stupid and naive to do something that DISHONEST.
Not the big boys - loading up with debt (other people's money), paying yourselves, and then declaring bankruptcy is SMART.
See - that's what separates these titans from the rest of us.
They have no CONSCIENCE.
Meanwhile, we're stupid and poor. We need to learn from our masters.
If i were in helm of one of those institutes, i would pull out of Bain and find some good place to invest..
That's exactly what I suggested... withdraw from Bain, SCRAP union pensions, and raise public universities' tuition. Will lefties give up their public employee pensions to match their so-called beliefs? Or are they nothing but a bunch of lying hypocrites?
They were well-aware of Bain's business practices and thought so highly of them that they invested their capital in Bain. Bain's investors include public employee union pension funds and public universities.
Madoff is in jail because he lied about his assets, not because he made a profit.
You're giving the very strong impression that you have NO CLUE what you're talking about.
Madoff is in JAIL cuz his scheme of things is NOT LEGALIZED and Bain's practices are LEGALIZED.
The outcome of both the schemes is the same. Only the victims are different. In one case they are the investors, in other the companies in which that money is invested....
That's exactly what I suggested... withdraw from Bain, SCRAP union pensions, and raise public universities' tuition. Will lefties give up their public employee pensions to match their so-called beliefs? Or are they nothing but a bunch of lying hypocrites?
I suggested withdraw from Bain. I never suggested SCRAP union pensions, and raise public universities' tuition.
DO NOT TRY to put YOUR words in my statements...
Yes - and it's totally and completely LEGALIZED THEFT. These are people are CRIMINALS and should be forced to pay back what they STOLE.
Just like you or I going out and maxing out all our CC lines of credit. Right now I've got $100k I don't use. Waiting a while, and then filing bankruptcy. Meanwhile, I've still got the $100k hidden around somewhere. It's easy to do, because most bankruptcy trustees don't check on where the money went, especially for the smaller fry, like us. We're all just too stupid and naive to do something that DISHONEST.
Not the big boys - loading up with debt (other people's money), paying yourselves, and then declaring bankruptcy is SMART.
See - that's what separates these titans from the rest of us.
They have no CONSCIENCE.
Meanwhile, we're stupid and poor. We need to learn from our masters.
100% agreement here.. But the righties DO NOT believe in LEVEL PLAYING FIELD....
I do not agree with lots of Obama's work in last 4 years BUT this issue is WAY TOO IMPORTANT compared to his other mistakes/oversight....
What is your definition of being successful?
And it seems that pointing out unethical practices of Bain means Envy to you?
There is NOTHING unethical about borrowing against assets you have.. Why dont you join us in the real world one of these days?
Quote:
Originally Posted by Ariadne22
So... you consider billionaire THIEVES successful? Not much of a family-values kind of a guy, are you?
Please list examples.. Would this be Warren Buffet for example? Bill Gates? Who the hell did they steal from? Isnt it wonderful you can just make stupid accusations and not be afraid to embarass yourself because you're anonymous?
The man is a thief by any and all accounts. He defrauded workers, owners, investors and banks and got away with it. I do not know why the financial community tolerates his company.
If elected he will Bain America.
Leave it to the left to invent new nutty verbs.
Care to define your newly coined palabra?
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