He was holding a bag or sack of some type in one hand and was pulling feathers out of it with the other.

他一手拿着一个包或某种麻袋而且另一只手正在从中拽出羽毛。

youdao

Virtually every venture capitalist is left holding the bag on some dogs that went public, soared and crashed.

FORBES: In the Lurch

Senior bond holders are higher up the pecking order and would walk away with some if not all capital returned should the company enter bankruptcy, while subordinated debt holders are left holding the bag and are on the hook for losses in the event that prospects worsen.

FORBES: Yankee Spreads Widen As Bulls Reaffix Grip On Stocks