1 vote

Bain Capitol was just a corporate raider

Romney and Bain Capitol were just corporate raiders. They bought businesses as cheaply as possible, slashed payroll and benefits to get earnings temporarily pumped up, loaded the company with debt, got their buddies to give the company buy ratings, then sold the stock to suckers while they got out with profits leaving a wrecked brutalized company behind. This does not take business skill, but it does take a lack of integrity and compassion.

http://www.webcasts.com/kingofbain/