View Full Version : You decide.

09-02-2012, 05:53 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">If you trace the public controversies over Bain Capital over time, you can see how the obsession over shareholder value and efficiency proved not just inequitable but destabilizing. A half-*decade after Harold Kellogg showed up in Boston, Bain Capital and others were sued by shareholders of Stage Stores, a Texas retailer, charging Bain of helping to manipulate the stock. The lawsuit accused the company of giving <span style='font-size: 14pt'>misleadingly optimistic performance projections, which sent the retailerís stock soaring past $50 a share, at which point Bain Capital unloaded virtually all of its stock.</span> When more realistic earnings projections were released, <span style='font-size: 17pt'>Stage Storeís stock plunged 58 percent in a single day.</span> <u>The lawsuit was later dismissed.</u> But then, shortly after Romney left came the KB Toys fiasco, in which, another lawsuit alleged, <span style='font-size: 14pt'>Bain Capital and KB executives took a dividend recap of over $120 million two years before the *company collapsed into bankruptcy.
<span style='font-size: 14pt'>No court found that Bain Capital did anything illegal in these cases.</span> </span> </div></div>

link (http://nymag.com/news/politics/mitt-romney-2011-10/index5.html)


Can you believe Mitt when he says "we have to close the loopholes?"


Gayle in MD
09-02-2012, 06:17 AM
Republican policies legalize Fraud, and corruption, and have for decades, mostly since Reagan. He was really the crooked POS who launched a lot of these lop sided economic scams which have devastated American Workers.

Then their followers deny any wrong doing by saying nothing was illegal! We watched this horror story expand during Bush.

They just make everything that is totally wrong, including theft and fraud, and policies which are completely unfair, & damaging to our country, Perfectly Legal, (that was a book title, BTW, written during Bush et al)and the right, Without conscience and then their followers slurp it right up, no questions asked, no problemo!

I never thought they would go so far as to try to legalize RAPE! That's exactly what they're up to now!




09-02-2012, 06:23 AM
A black guy caught with some weed can serve 5 years.
A banker caught ripping off his clients gets a stern talking to.


Gayle in MD
09-02-2012, 06:32 AM
And a white Wall St. banker thief gets caught with cocaine, and doesn't even get arrested! He just hands over a few thousand, and a little coke, and walks away scott free.

09-02-2012, 09:03 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body">A black guy caught with some weed can serve 5 years.
A banker caught ripping off his clients gets a stern talking to.

Q </div></div>

AMEN Brother! Your two examples in comparison exhibit the lost justice here in the USA. The damdest third worst example to add is how George Walker Bush evaded the treason rope, plus he now remains on our tax dollars in luxury. We developed into a communist nation long ago and nobody told us about it. Depressing, but true, and it's not going to ever be changed without an actual uprising. Sucks! sid