tag:blogger.com,1999:blog-14442178.post4105243687879898367..comments2024-03-25T08:08:23.132-07:00Comments on Who Has Time For This?: Ringing the BellDavid Cowanhttp://www.blogger.com/profile/13075075203254308405noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-14442178.post-49827917999038560392012-10-27T11:57:59.244-07:002012-10-27T11:57:59.244-07:00Fun times. Success is always enjoyable. I have...Fun times. Success is always enjoyable. I have a completely unrelated question: Recently as with all politically motivated stories, much has been made of Bain Capital and GST Steel. Generally I understand how venture capital works. You find a startup, or a struggling company, buy into it, and try and turn it around. If you succeed, the company shares go up in value and you make millions. If you fail, the company crashes, and your shares are worthless paper. But the claim is that Bain Capital bought out struggling steel mill, and then made a few million from the crash. How is that even possible?Andy!https://www.blogger.com/profile/00932870492649891679noreply@blogger.com