“Professor Cenk” breaks down the “vulture capitalism” behind Bain Capital’s leveraged buyout of GST, which it bought in 1993 and declared bankrupt in 2001. “What Republicans and conservatives often say is, ‘Hey, listen, we’re making the markets more efficient. We’re creating jobs. We’re creating all these great things for the economy.’ That’s one way you can make money, but another way you can make money is by shifting costs around, by putting the burden on other people and taking the money for yourself.”
TONIGHT at 7E/4P: Brett Erlich and Ben Mankiewicz join Cenk to talk about the congressional committee hearing about the IRS and Anthony Weiner's return to politics. Plus, Sen. Ginny Lyons aims to get corporate money out of politics. JOIN THE LIVE CHAT.