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Old 12th Aug 2020, 23:10
  #799 (permalink)  
Sunfish
 
Join Date: Aug 2004
Location: moon
Posts: 3,564
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If I knew Bains exit strategy I would. However I’m afraid, based on overseas experiences, that it is not beneficial to anyone but Bain, although no doubt it will be perfectly legal as are all their actions. The secrecy surrounding their offer suggests it.

‘What I am trying to explain is that the types of behaviour that manifest themselves in these deals is what I would term “non empathetic “ to an extreme. This is because people’s behaviour changes when they stand to make a real fortune out of manipulating you and your situation. They have no compunction whatsoever about destroying you and your career.

The American exit strategy is to strip the remaining cash out of the business, load the company to the rafters with debt and then flog it to the stock market. The resulting mess then falls apart to
the dismay of staff, investors, creditors the public and the government AGAIN.
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