re: #52 Sherlock Hound

Just one of the many reasons that I won’t kiss Romney’s ass. Bain Capital. I can’t use the word I coined for them here, or anywhere else.

Private equity has a bad rep, but it’s often for bogus reasons. On balance, I think PE companies are a necessary evil that do some good.
Some of the largest investors in PE funds, for example, are public employee pension funds, and those leveraged returns help them remain solvent.