Skip to main content

I knew it.  I suspected that the big financial players were colluding in the huge buyouts of the past decade or so.  I also suspect that the purpose is to destroy the entrepreneurial retail market.  Why?  Why do we now have only two hardware stores in most areas?  Why?  Why do so many areas only have a WalMart?  I think the end game is to gain CONTROL!

The FREEDOM, FREE MARKET shouters are all liars.  Like the GOP, the results of the collusion depicted in this New York Times article will have the exact opposite effect on business in America.  

RETAIL COMPETITION IS BEING MURDERED IN AMERICA.  These colluding behemoths will take this show on the road and murder retail competition throughout the world until they are stopped.

And BAIN Capital is listed in the impending court case.  

Before you try to wrap your head around the IMMENSENESS of this information, read through this article.  It isn't that long.

Equity Firms Like Bain Are Depicted as Colluding

In Bain’s biggest acquisition, the $32.1 billion purchase of the hospital giant HCA in 2006, competitors agreed privately to “stand down” and not bid on the company as part of an understanding with Bain to divvy up companies targeted for leveraged buyouts, according to internal e-mails.

The documents have become part of a lawsuit in Federal District Court in Boston brought against Bain and other firms by shareholders who say the firms’ bid-rigging artificially deflated the sales price of more than two dozen companies and cost them billions of dollars.

And this Bain Capital Complaint Should Be Made Public, Court Rules

"Stand Down" and "Bid-rigging"

Those are fighting words.

Now, somewhere in the dark cavaties of the hearts of the people at the top of these firms is THE REASON for playing and/or colluding with each other.

I don't think it is just about money.

I think there is something so dark, so sinister, that I personally can't find words to express my suspicions.

The one word that loudly comes forward is CONTROL, the kind of control that curtails FREEDOM and FREE MARKETS.

America is being hoodwinked.  The world needs the US citizens to truly wake up.

We need a Justice Department to break this up now before we end up with too few retail options.  Before we are the slaves of these chains.

Your thoughts?

Originally posted to War on Error on Fri Sep 28, 2012 at 07:39 PM PDT.

Also republished by The Bain Files and Community Manifesto Initiative.

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site