re: #7 alinuxguru

The fundamental difference between Kodak and companies acquired by Bain is that Kodak attempted to remain solvent and in business. Bain burdens an organization with debt, extracting out cash and assets in exchange.

That certainly happens, mostly as a by-product of the endeavour as a whole - it is also not the best way to run an equity buyout firm. The successful firms are the ones with portfolios of healthy companies. Outcomes where companies are shuttered are deplorable.

As to the difference between Kodak and some of Bain’s projects - I am pretty sure the tens of thousands of unemployed left in the wake of foolhardy mismanagement don’t give a rat’s hat how they came to be out of a career.