>>15037858 pb (Everyone needs a little Bain?)
Asides the links to the Reddit threads that anon posted earlier today, here are a few links to the operation of Bain when dealing with a distressed company.
https://www.jayweller.com/leveraged-buyouts-bain-capital-and-the-art-of-bankrupting-companies/
A leveraged buyout (“LBO”) is the acquisition of one company (or division of a “target” company) by another outside company using a significant amount of borrowed money to finance the acquisition.
The purpose of a leveraged buyout is to allow companies to make very large acquisitions without having to commit a lot of upfront capital. The assets of the “target” are used as collateral for the loans taken out for the purchase by the acquiring company.
https://moass.info/amazon-bain-capital-and-citadel-bust-out-the-competition/
What is a bust out?
In a bust-out scheme, the identity and credit line of a business are used to obtain loans and goods with no intention of repayment. In some instances, businesses are created for this sole purpose; in others, legitimate businesses are acquired and used for the fraud.
https://www.activistpost.com/2018/07/heres-how-bain-capital-destroyed-toys-r-us.html
Most are unaware that Bain Capital’s plot to destroy Toys R Us began 20 years ago when Goldman Sachs, in partnership with Mitt Romney, Bain Capital and Thomas Lee Partners, shoved The Learning Company up Mattel’s butt; damn near bankrupting Mattel via $4 billion dollar instant, catastrophic – cooked books fraud – loss.
Delaware was where the merger happened, and Romney got protected from investigation and prosecution by his partnership with Goldman Sachs.
Both Goldman Sachs and Bain Capital have been represented by the Delaware law firm of Morris Nichols Arsht and Tunnell (MNAT), and The Learning Company merger with Mattel was also handled by MNAT.
The MNAT law firm, had it not jumped out of the frying pan into the fire, could have claimed the firm had no idea about what was going on – criminally; but that plausible deniability went straight out the window when MNAT made Delaware Assistant United States Attorney, Colm Connolly, into an MNAT partner. (Colm Connolly’s resume.)
Once Romney got inside both MNAT’s direct connection to the DOJ and also inside the top echelons of Mattel, then the schemes and artifice to defraud became commonplace.
Bankruptcy after bankruptcy, KB, eToys, Zainy Brainy, the Parent Company and even FAO Schwartz, were all brought down, via backdoor dealings, so that Bain Capital could get those Toy companies as cheap as possible; and Goldman Sachs could get away with billions of dollars in fraud, as the end result.
Haven't gotten to the deaths and other stuff that makes and keeps the money and protection going…