The problem is not the profession. It's what one does in the course of business. But even among those intent on making it big, people with a conscience will not cross certain lines. Bain blew across them. Full Story »
Posted by Dwight Rousu
I don’t see how buying a company, piling on $420 million of extra debt, immediately pulling tens of millions out of the business to pay off investors — all the while slashing the workers’ pay — and then leaving the wounded patient to die in liquidation nine years later can be deemed honorable. This is what Bain did to American Pad & Paper as it turned a $5 million investment into a $100 million take
