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Yeah, so Bain made a bad decision when they bought Toys `R' Us and took on a lot of debt right at the moment when Amazon was about to enter the business. Now th

• chrisbennet 9y ago
  Bain didn't take on the debt, Toys R Us did. Here's how the Bain play book works: - Buy company's and strip them and lay off workers - saddle company with massive dept (leveraged buyout) - extract large fees - sell company at profit Later, the company, weaked by dept often goes bankrupt. http://www.motherjones.com/politics/2011/09/mitt-romney-bain-capital-debate/ http://www.motherjones.com/politics/2011/09/mitt-romney-bain... "Here’s how a private equity fund such as Bain Capital works: It picks a successful company and then takes it over with a leveraged buyout (LBO). The money borrowed from a bank to pay off the owner or stockholders does not become the debt of Bain Capital. It becomes the debt of the company that was taken over." https://sandiegofreepress.org/2012/07/how-mitt-romney-drove-companies-bankrupt-raided-pension-funds-and-paid-himself-handsomely/ https://sandiegofreepress.org/2012/07/how-mitt-romney-drove-...