We don't really know that they lost the bet. In fact, it seems equally, if not more likely that they profited on the deal, by siphoning money out of the company

We don't really know that they lost the bet. In fact, it seems equally, if not more likely that they profited on the deal, by siphoning money out of the company over the last 12 years. This is a good primer on how these firms operate: https://www.rollingstone.com/politics/news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-20120829 https://www.rollingstone.com/politics/news/greed-and-debt-th...