From a fact checking article on USA Today.
"Bain Capital
Claim: Obama said Romney's business strategy is you can invest in a company, bankrupt it and still make money.
Facts: The Obama campaign and Democrats have repeatedly hit Romney on his connections to the private venture capital firm, Bain Capital, which it has claimed has loaded companies with debt to give investors dividends earlier.
The Wall Street Journal found that about 22% of Bain's companies either filed for bankruptcy or liquidated within eight years after the private-equity firm acquired them. Four of the companies that produced Bain's 10 biggest gains ended up in bankruptcy court, according to the Journal."
They would buy the company, "adjust" management, basically mortgage all the companies assets, including the established pension funds, real estate and factory equipment. All along taking a "consulting" fee from the company. Remember, the investors take all the risk, not the Bain Persons, they just make money. It may be perfectly legal, but I personally do not want anyone who has participated knowingly in this behavior even close to the Oval Office.
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