It sticks in the craw. These vultures, like Ackman, are celebrated as risk taking job creators, heroes of the American way of life, but the truth is they can't lose. The political system they finance won't allow it. It truly is socialism for the rich and nasty, brutish capitalism for the rest.


Can't lose ???? They lose if they invest in too many companies that don't make very much money, or not enough companies that make a lot of money. Which is as it should be. This knee-jerk name calling ("vultures, like Ackman") seems to me to be associated with a know-nothing approach to just being mad at people who do well. No one forces a start-up to take money from VCs, in fact by most reports they are DAMN glad to get it when it is offered. No one prevents anyone who thinks the VCs are just printing money to invest with the VCs and roll in the dough with them.

So yeah, I'm OK with a system that doesn't punish the VCs for failing to be better than the regulators at figuring out a bank is heading into trouble.

And I practically insist on a system that encourages the people who fund startup after startup, improving both the quality of my life through new tech and the quantity of my life through my own participation as a cog in the machine of technology development.

R: