Two things best describe Bain Capital at the turn of the century—ambulance chaser and headless horseman. If Bain were a law firm, its modus operandi would be chasing ambulances in hopes of finding someone in trouble that it could make money off of. And it was also a headless horseman—something with a missing head (no president, no CEO and no chairman of the board) but with a body (consisting of Mitt Romney’s 100% ownership).