re: #58 JC1

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.

and they might, hut a number of companies, a lot associated with Bain, have been destroyed because the company was saddled with debt while being “restructured”, debt that was just used to give payouts to the PE company.