re: #78 Stanghazi

Heard a story on NPR today. Sea World is going public. After it was bought by a Romney Type asset management co. (that’s my new point of reference now - Romney Type) that loaded it the shit up with debt to pay themselves- the management company. Sea World is making bank right now, but its a huge risk because of all the debt the Romney company stuck it with.

What a fucked up business model we’ve invented.

What do you understand Bain Capital’s business model to be? Are you sure the firm involved used it?