Vulture Capitalism or Populist Demagoguery?

By Patrick J. Buchanan "They're vultures that are sitting out there on the tree limb, waiting for a company to get sick, and then they swoop in ... eat the carcass ... and ... leave the skeleton." So Rick Perry colorfully characterized the private equity firm Bain Capital, once run by Mitt Romney. How did Bain prosper? Says Perry: "These companies ... come in and loot the people's Continue reading...