The bad part about it is while they claim to invest in America, they send billions to nations that hate us. The conservatives have pushed hard to stop newcomers and halt srnding billions to hater nations til we can properly feed our own. $8M/day is send to isreal daily as a blank check. While we're covered in jobless hungry folks.

It's always gonna be a corrupt BS going on :( regardless.

Stop listening to the losers; step back and look at the big picture. There are 2 sides to every story. I'm getting sick of all the lemmings preaching the same old Michael Moore spin of entitlement.

In case you don't know what a private equity firm is: http://en.wikipedia.org/wiki/Private_equity_firm

If I were to buy your house (equity) -the one you're forced to sell because of a down market or repossession. Am I at fault if you have to move or are evicted? If I can restructure the loan and rent back to you am I a savior? If the lot is worth more than the house sitting on it am I the devil for tearing it down?

The nature of business is that you'll always have winners and losers. There is no constitutional guarantee that you'll be successful in business. As unfortunate as it is companies large and small go out of business every day. Workers, unionized or not, lose their jobs, benefits, and pensions.

Corporations are entities that are made up of several 100's of thousands of shareholders. Most of those shareholders are regular people like myself that invest (directly or indirectly via mutual funds) in those companies as part of a 401K, ROTH, IRA, or even in union pension plans.

Equity companies look for good opportunities for investment. Often those are distressed companies with good assets but poorly managed, or companies lacking the capital to grow.

Sometimes a company is being killed by their own unionized workers. Forever pushing for a bigger piece of the pie when profits are up, but unyielding and uncompromising when profits are down.

Such companies were put into bankruptcy to relieve them from their unsustainable union obligations. Workers were laid off and asked to reapply for their jobs at reduced pay or benefits.

Other companies, poorly managed, or overly zealous, overreach and have to pull back; closing factories or stores. Laying off hundreds of workers to save the jobs and investments of thousands.

Are there losers when a company fails or restructures? YES
Could the losses have been worse without an equity firms involvement? YES
Is there a constitutional guarantee that you should have a job? NO

About 22% of Bain’s companies filed for bankruptcy or liquidated within eight years after Bain acquired them. 78% avoided bankruptcy.

Some businesses that survived to become household names include:

Dunkin’ (the parent company of Baskin-Robbins)
Staples
Bright Horizons
Brookstone
Wesley Jessen
Accuride
Steel Dynamics

I had to give you a +1 for the last comment you made

I say this system is so beyond broken we need to start over. SAY NO TO VOTING, and take back your true rights of freedom!

I just believe that for any job anywhere in the world you need a resume and skills in top end management. Nobama simply had neither :(....