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LOUD NOISES A place for political mudslinging, Pro/Anti legalization, gay marriage debate, Gun control rants, etc. If it's political, controversial, or hotly debated, it goes here. No regular Off-Topic stuff allowed. READ THE RULES BEFORE POSTING! |
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#391 | |
Zilvia Member
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#393 | |
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Location: Out on the Highway!
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The Sun Rises in the East! |
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#394 | |
Zilvia Member
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The deals are not exclusively made with the Board, they are often made with shareholders. To make a long story short - buy enough shares you get control of the board. Private Equity/Corporate Raiders have no interest in whether or not a business stays open - they want to make money for their SH or their own pocket. Whether that comes from saddling the overtaken corp with huge debt to pay "consulting" fees and/or then liquidating the corp and paying yourself first before other creditors/SH (90% of deals) or by the corp continuing to strive (like Dicks in the case of Romney) is of no concern. I mean honestly this subject is way to hella complex to even begin to explain on a forum. What you need to understand though, is you have no clue what PE does and what its purpose is. Bain is not a good/evil thing. It is a question of whether or not you are prepared to be sold out because you can make a few extra dollars closing the place down rather than keeping you open. |
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#395 | |
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![]() BTW I made one comment on how Bain shouldn't be a topic or viewed as this devilish entity which it is portrayed as on ads and your still going back and forth. Nothing to see here.
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The Sun Rises in the East! |
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#396 | |
Zilvia Member
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As to shareholders - first you need to classify if you mean institutional or individual, controlling or minority, preferred or common, etc. etc. etc. When PE does leveraged buy outs, they do not come in saying they will fix stuff, they buy the shares on the open market and when they cross a certain percentage of ownership a whole slew of fun things begin to happen. That is why we have things called poison pills (shareholders rights plans) - the defense to a hostile takeover (go ahead look it up have fun figuring it out!). I never said Bain was devilish, just that type of business experience is not what most people would want in a president. Again, look up Michael Milkin, Carl Icahn, T. Boone Pickens, any of these PE/Corporate Raider guys. Making money does not mean making better policy/jobs/etc. Again, his business sense is not whats best for the company (aka, the country) it is what is best for his own interest. So again, if you are cool with being sold out for an extra few dollars so be it. |
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#397 |
Zilvia Junkie
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RoboRomney
This one is good. You can generate a video of Romney taking every single side of every position. |
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#398 |
AFC #1
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Location: 昨晩あなたのお母さんの家
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I really think they should have rethought the location for these ads. There are other rooms in the house...
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#401 |
Post Whore!
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^ No wonder he has been dicking Black America... Obama just sees them a mindless political tool.
African-Americans Still Behind President Obama Despite Tough Times |
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#403 |
Post Whore!
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Want More Capital and Jobs in the US? You know who to vote for then.
Otherwise be ready for the same crap, more and more and more of it... That's all I'm going to say. ![]()
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#406 | |
Nissanaholic!
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I voted for Obama. I have 2 stable jobs so its not like im collecting unemployment like some thinking putting him in the next term they'll continue to have it. Which i doubt. The lines werent that long either since i went early in the am.
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*VIOLENT RUNNING TRIBE* "Love is god, hatin is satin!" |
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#407 |
Zilvia Junkie
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#409 |
Zilvia Addict
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I try to respect the views of others, but you're an idiot who doesn't deserve the privilege of voting. Do you see any 'liberals' saying a statement like that about 'conservatives'?
For a 40 year old man, you seem to have the immaturity of one of those redneck wanna-be farmers in a hick town high school. |
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