7/15/12

Some Goodies from John McCain's Mitt Romney File

 After Romney became governor, Bain Capital teamed up with Chinese appliance maker Haier Group in 2005 in effort to purchase Newton, IA-based Maytag Corp. and send jobs overseas.

 At least two Bain Capital companies – Stream International and Modus Media – focused on outsourced technical support services, expanding facilities abroad while contracting operations in the United States.

 Bain Capital operated steel company called GS Industries which went bankrupt in 2001 after years of labor strife, closing a plant in Kansas City and laying off over 700 workers.

SOURCE PDF

'via Blog this'

The problem with being in the Investor's Hall of Fame is what all these investments are about. The extraction of profit, minus democratic regulation to minimize harmful effects, is not exactly in accord with the higher values. When you tout being in the Investor's Hall of Fame, you are also touting the harm done by your reaping of profit. Recall Big Jim in Lily, Rosemary and the Queen of Hearts

UPDATE - I've written Daily Caller to ask about the sourcing if this file. It has every sign of being an authentic summary of Romney's career. It runs to 200 pages.


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