To understand the confusing conditions under which Mitt Romney left Bain Capital, you need to understand the unusual deal he struck when he was hired to run it. Bill Bain’s idea was simple. His firm, Bain & Co., was making lots of money by advising companies in exchange for fees. The fact that it was making money was proof that its staff understood what it took to make struggling companies successful.

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BING NEWS:
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  • Mitt Romney must exploit Benghazi assault to trump Barack Obama on foreign policy
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