He never showed his taxes, and they STILL voted for him. Marty and Randy Duke (AKA Kocks) will help him hide some of his problems.

and get away with it.

Working at a capital investment company does not mean you're a bad person. Why is it a crime to make money, and don't give me this downsizing BS, if companies were healthy they would not be bought up by outside capital.

But the truth road is coming.

And the Racketeer is going -

bye bye!

a bad person. It is not a crime to make money.

The issues surrounding Romney and Bain, is that they bought perfectly healthy companies, loaded them up with debt (their "management" fees), then declared bankruptcy, leaving retirees with a fraction of pensions those workers had earned.

You can put lipstick on a pig, but some pigs are so disgustingly greedy, unethical and immoral, there isn't enough lipstick in the world to cover it up.

And Mitt's been very good at covering it up for more than a dozen years.

Could have been a paid to say - NAY...

Romney and Bain Capital's crimes appear to be obvious

to everyone except the Dept of Justice....

Where they healthy when Bain bought them because they were weeks away from bankruptcy before Bain stepped in.

It started out with the 2 cases we can never get main stream media to report about on Romney.

1999 merger of "The Learning Company" with Mattel (which immediately lost $3 billion)

AND

our eToys case (going public in 1999 and bankruptcy 2001)

eToys - probably wasn't bankrupt - but Romney's double dealing lawyers sold me and eToys out - for ill gotten gains.

You have no idea what you're talking about. What does that have to do with toys r us?

When it comes to Pitten's bad faith issues, you would be very hard pressed to find someone who knows more thsn I....

Case in point...The Learning Co.,

It was a 1999 merger with Mattel that immediately lost investors $3 Billion; and Mattel was losing SO much money - daily - that it gave away TLCo

for FREE

What did that have to do with toys r us?

Last edited Fri Jan 16, 2015, 08:37 PM - Edit history (2)

Romney bilks $3 Billion loss out of Mattel and The DOJ reports NO investigation into worse corporate merger ...Of All Time

Mitt n gang get 12 milliom shares of Mattel = Then buy Kay Bee = Who in turn buys our eToys

[center]By fraud n corruption[/center]

Then Bain acquires FAO, and the Parent Co. (who has eToys and goes bankrupt) - On and on ..with KayBee n eToys in bankruptcy multiple times --- then winding back at Bain under Toys R Us (who went private to hide all this from SEC)

black and white plain as nose on your face

First KB went bankrupt, toys r bought KB so they could contr the name, just like when they bought Etoys and most other toy companies. Also, Romney was not even at Bain when they bought Toys RUs and one final thing, Bain only bought 33% of Toys R Us as KKR and Vornado purchased the other portion. I guess they were all in on it together.

Anything else?

You are barking about the second Kay Bee bankruptcy..arranged by the collusion of the perpetrators.

It,s easy to buy billion dollar companies..when you are stealing billions; and then filing bankruptcy - over and over again - stiffing the same creditors ( like Post Office, utilities, taxes, landlords) - over and over, again and again.

Perfect profit model - AND totally ILLEGAL

[br][hr][br]

Yes..KKR etc IS in on it with them

Scott Henkin from Fir Tree Value fund of eToys confessed he agreed to the crime of Barry Gold and Paul Traub; and then Kay Bee filed bankruptcy.

Bain sold eToys to D.E. Shaw. - And. -Scott Henkin went to D.E. Shaw

Mr. Henkin is now at KKR...

AND

Romney STILL owns Bain Cap.

Takes those pure FACTS. and stop being full of it

Is a seasoned executive that knows TRU from the inside and all your internet searches and black helicopter stuff is just projection. The same articles you quote also said TRU would be bankrupt by now and Bain would have pilfered the assets. The fact is simple, Bain, KKR and Vornado paid 6.6 billion for the company and are losing money, not making it and in their defense are trying to resurrect an old icon that was failing before they bought it.

As a seasoned executive - you seem to be defending organized white collar fraudsters; and simply don't "get it".

Bain Capital "enterprises" in "patterns" of "racketeering" and are not being prosecuted

[center]DUE to CORRUPTION[/center]

Oh well

........

The big company in question would have a single bad quarter so Bain would swoop in and present themselves as saviours. Once they got authorization to represent the company financially with no legal responsibility on their part they would go to the local small town bank and take out a massive loan on the company's credit, put that money in their pocket and skip town leaving the company with the debt.

As far as I'm concerned it's "legalized" bank robbery.

Just no one strong enough to prosecute them for it.

Most states (and SarOx) have laws against going from one company to another - resulting in bankruptcy.

Especially when you have people in DC saying to do so is communism.

When the facts are to your detriment....

just sayin....

Tell that to the hundreds of people who were laid off from my former employer. An investment banker / venture capitalist bought the company, loaded it up with debt and then waltzed away with a healthy profit while we were left to flounder in bankruptcy. Try telling me that asshole wasn't a bad person. And this is EXACTLY what the companies do which RMoney is associated with.

When you can perpetrate grand larceny (such as taking out $100 million in Kay Bee Toys and then file bankruptcy - because you own the defense and prosecution) - without any worry of being held culpable/ accountable.

Then you just steal bigger and faster!

?

Why do you so strongly defend the pre-planned destruction of companies in America, the soulless laying off of American workers for personal profit? The outsourcing of American Jobs to save a dollar that would feed an American worker so that Mittens can strap two dogs to the roof of his car before he brings it out of the garage in it's 2nd car elevator?

Why do you so strongly defend what was, until Republicans changed the rules, was an illegal practice. Just because they changed the rules doesn't make it right, doesn't make it ethical or moral. You are defending scum who brag and smirk on camera because they personally profit off of ruining hard-working Americans lives....

Sleep well? If you do, you must be part Romney.

Last edited Sat Jan 17, 2015, 07:01 PM - Edit history (1)

I don't defend the practice, I think it's a blanket statement to say that this is deliberate in most cases. I use Toys R Us as an example. One of the most recognizable brands in the world, the business model got old and stale. The owner of the company eventually hired leader after leader that continued the decline of the company to the point it was on the verge of bankruptcy. Three equity companies joined in and spent 6.6 billion dollars of their own money to take the company private and turn it around. The plan was to fix the company and and spin it back public through an ipo. Timing was not on their side and companies like Amazon took significant sales away through the net and others like Walmart took other sales. With so many stores across the country there was really no upside to do an ipo at that time so they still own the company and losing money doing it.

They did not bring the company close to bankrupsy, they saved it and in return saved tens of thousands of jobs. Will the company survive, who knows but it does them no good to close up shop.

I'm pro business because it provides jobs which feed families. I've also been fairly high up in the corporate world and I don't live in fantasy land. Business is competitive, there is always someone out there that will do it cheaper, better or both. I would love to pay all my employees $100,000 a year, I just know it's unrealistic.

Tell me something, what do you think would happen to McDonalds of they payed everyone $15 an hour. I'll tell you, their costs would go up so much that a Big Mac meal would cost the consumer $15 instead of $7.00. How long before people stop going to McDonalds and go to the mom and pop drive thru where their food is half the price because they are paying their employees less?

I am a liberal in every aspect of my life. I may make a lot of money but that does not define who or what I am. I believe it's better to employ 10 people at $7 an hour than 5 people at $14 an hour, at least five additional people have an income and whether you agree with me or not that's reality in a world wide economy.

I'm not a Romney fan, I just don't believe it's his goal to break apart companies for the hell of it. Their goal is to buy low after mismanagement, repair and sell high.

Buy low, sell high, after mismanagement

Evidently, you just dont discern the facts as I've relayed them to you

The "seasoned" executive that you are

Romney n gang luv

Their buy low scheme and take.money high is very well documenter in Kay Bee

Put up approx. $30 mil. Take out way over $100 mil

Rgen file bankuptcy...

Stiff ALL the creditors

Rinse

Lather

Repeat

What a tool of B.S. right out of Bain es,plain school

Shhheeeessshhhh...its like you worship them

I really HATE censorship. -------- Understand the need, in the RWNJ filled full of bull world; but still hate it.

Sodahead bojo'd me - and (believe it or not) - so do DK

for fighting will trolls (who are actually in upper management)

--------------------

The question the redacted here - was a demand to know my business qualifications.

AND the answer is (sworn to under oath heretofore)

Over 1,000 separate business liquidity situations addressed;
which includes billions of dollars in assets here and abroad.

Channel Lumber
NCA Computer
Sky City Department Stores (actually first major winning out over HUGE competitors)
Ames
Woolworth
Kmart
Child Worlds
Crib-n-Cradle (a real doze story)
MicroX Computer
ToyTime.com
Berkeley Forge
Cimmaron Pottery
The Wiz
United Stationers
Biggs Toys & Sporting Goods
Spartan Electronics
Golden Dove Books

and on - and on - and on

My biggie (of course) - is eToys..

Did so over 25 years.

It's going to get worse and worse around here, as Mittmentum continues to go forward

Is ABSURD

Healthy companies are purchased all the time by private equity, and sometimes made less healthy.

I watched Blackstone take a site partner private, Celanese, pay themself a nine figure dividend, then flip it public again within a couple years.

They added no value, just debt that left the company hamstrung on ability to reinvest capital in their plants.

You sound like a 1%er, the name fits.

They won't look at the facts and babble banter obfuscating - religiously...

So... please please pleeeeease run Mitt run!

He either doesn't think that people think that it is really important or that he has some good pat answers to people's questions. Either way, he's going to get blindsided by the obvious yet again.

It may be that (this time) Mitt realizes that HE (Romney) is in need of further (higher up) - Protection!

I always am excited to read one of your posts. Your are my hero for attempting to go after Romney. Keep us informed and I will rejoice with you when we win.
-Airplane

OR

They join the dark side and assist him.

But this hubris thingy - believing his head will never roll

may just get a rude awakening!

"The best way to avoid a conflict is to not start one in the first place."

Stay boring my friends.

is they would show him claiming California residence while still voting in Massachusetts.

Including - the contradiction that he wasn't living in Mass. - when he ran for Governor.

But the Real BIGGIE - is

That Mitt (probably) has much more than his purported $250 million.

No one (other than Tim Russert - who is no longer with U.S.) - has dug into Romney's real treasure chest.

[center]Sankaty in Bermuda!

I always thought Mitt's ego would lead to Mitt's downfall.

I get the impression Mitt thinks he was hand-picked by God to be president and God will not let anything stop him.

Or his underwear is now li.ked to his vision dreams

Much!

Or RICO boss Now POTUS

who say that Romney should have won because he is a "businessman"... meaning, I suppose, that someone who is savvy in the world of "business" is the best candidate for president. But they never question his methods or history. The bottom line is always the money. Since he has money, it only makes sense that he knows how to spread it around, and consequently, within a few months time, every American will have a piece of the dream. A chicken in every pot, etc.

Yes, there are truly those who believe that he will deliver us from big government and instead of being taxed, our country will have such a surplus that every citizen will will be able to retire with a hefty portfolio.

Well, except for all of those "takers" and then those darned elderly people who consider themselves "entitled".

Well I'm not as yet willing to let him take my "entitlements" that I put into Social Security for my lifetime. They were always considered WITHDRAWALS from my meager paychecks, regardless of what Mitt or Fox News or the Republican Party chooses to call them. My Savings. My Money. NOT YOURS TO SPEND or use as a political pawn.

And that goes for all your fellow "Businessmen" friends as well, douchebag.

Now they want the biggest prize if them all