Bain Capital is quite evil, actually. This ad may be hyperbolic, but it's pretty typical of Bain's track record. To their credit, the company wanted Mitt and the GOP to stop calling them "job creators," since that's not what they were about. Their bottom line is to make money for their investors. Often, this meant buying a company, getting it to take out millions in loans, those millions would go to Bain and its shareholders, and then the company would have to declare bankruptcy.

There were other companies that "succeeded" after Bain took over, but I get the impression that was because it was easier than any other alternative.

The worst, most evil thing about it all is that Bain didn't make an above-average profit. According to analysts, they could have just invested their money normally and gotten the same returns.

For some reason, they thought their predatory practices that ruined many lives and harmed the economy would yield more money in their own pockets.

This really shows that Romney is exactly the opposite sort of person that people want if job growth is of their greatest concern. The entire election whenever the economy came up I was surprised that this was never truly brought up by the Democrats. I guess they were keeping it as some sort of last minute hit before the election.

Also Binro, how does their scheme not effectively working make it any more evil? You can't cost-analysis morality into their actions.

I thought the worst thing about Bain was that they were heavily funded by Ecuadorian genocidal murderers, but who's counting at this point?

Or El Salvadoran rather.

@ Konversekid:

Well, maybe "evil" was the wrong choice of word.

They used borrowed money to conduct hostile takeovers and placed top priority on having the acquired companies repay those loans. To do this, they cut jobs, cut benefits, sold off assets and took out more massive loans in the companies' names. They often killed those companies and put a lot of people out of work. The effect rippled through our entire economy.

To find out they could have made the same money without having such a negative impact makes it even worse, somehow.

My thoughts exactly. Maybe they didn't want to risk accidentally making eye contact with them.

More likely busywork for what would have been people while the plant was starting to shut down so they didn't notice.