You are introducing an entirely new subject here, probably as yet another distraction . We have been talking about the rescuing of failing companies, not LBOs undertaken by existing stockholders to get control of a company.
I've been talking about the same thing this entire time. I'm no longer quite sure what you're talking about. When you just stated that Bain doesn't engage in LBO's and doesn't pursue them as an investment strategy, you were completely wrong. When I provided evidence of this, you have not admitted that you were incorrect. Why is this?
How could you be engaging in this level of discussion, without knowing the most basic facts about how Bain operates? It boggles the mind.
That certainly does include the restructuring of the firm's capital to reduce net costs, including the costs of interest and taxes. It is merely the governments misfortune...
Right, it's the government's fault that wealthy investors find creative ways to screw citizens out of tax revenues.
I think we've reached the point of the discussion where it's simply a waste of time to try to get you to admit anything at all. You won't admit the most basic features of how LBOs work, how companies end up saddled with the debt used to purchase them (and how this screws both taxpayers and the workers of the company), and how Bain regularly did and continues to this day to specialize in LBOs.
Think I'll call it a day and let independent readers of the thread decide who has provided the stronger argument here.