Early Bain-ization – How A Few Got Rich Illegally Suppressing Unions | OurFuture.org

A look at one of Bain Capital’s first deals shows a get-rich-quick-at-everyone-else’s-expense pattern forming: borrow heavily, gut assets, cut wages, cut safety, crush unions, restructure for tax avoidance and sell with a sweetheart, insider deal. That pattern foreshadowed what happened to our jobs, communities, industries, economy and country since the early 1980s. An already-wealthy few got fantastically rich(er) and the rest of us paid the price.

Early Bain-ization – How A Few Got Rich Illegally Suppressing Unions | OurFuture.org.

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