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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  • Trump's no-apologies campaign tour hits hard on Romney, Warren
    Democratic Senator Elizabeth Warren, a progressive firebrand who has shaped a political career around taking on Wall Street, has endorsed Hillary Clinton's White House bid after withholding support for months during the Democratic presidential contest ...
    06/13/2016 - 1:00 pm | View Link
  • Mitt Romney really squeezed the 2016 GOP field over the Confederate flag
    McCain, after denouncing the flag as a "symbol of racism and slavery," switched to a let-South-Carolina-decide posture — a politically calculated flip-flop he later called one of the worst decisions of his political career ... Try 4 Risk-Free Issues ...
    06/22/2015 - 2:30 am | View Link
  • A Romney rerun might be what Republicans need in 2016
    Until recently, it seemed certain that Republican Mitt Romney’s political career ended with his 2012 defeat by President ... Ready to get unlimited access to all of WORLD’s member content? Get your risk-free, 30-Day FREE Trial Membership right now.
    10/1/2014 - 5:18 am | View Link
  • Want To Invest Like Mitt Romney? Here's Your Playbook
    But what about a super-rich private equity founder? Although Mitt Romney could have made much more money if he had stayed in private equity instead of launching a career in politics, he still has a net worth upward of $250 million. As you would expect of a ...
    06/5/2013 - 1:00 pm | View Link
  • Jindal To Romney: ‘You’re Wrong’
    In a conference call with donors Wednesday, Romney said Obama won votes by offering enticing “gifts” to key Democratic voting groups like blacks, Hispanics, and the young. Subsidized health care, cheaper student loans, free contraceptives — those ...
    11/14/2012 - 7:52 am | View Link
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  • 9 Things You Didn't Know About H. Ross Perot | Mental Floss
    Henry Ross Perot isn't a name you hear too often these days, but the 78-year-old Texas businessman is still kicking: He still makes an annual appearance on Forbes 400 ...
    07/21/2016 - 11:27 pm | View Website
  • 19 Fun Facts About 'Married... with Children' | Mental Floss
    For 11 seasons, the Bundys put the "fun" in "dysfunction".
    07/21/2016 - 9:33 pm | View Website
  • The grandfather clause (repost) — Crooked Timber
    With the announcement of the Romney-Ryan ticket, I decided to repost this piece on the most striking (to me) aspect of Ryan’s plans, namely the exemption of those ...
    07/20/2016 - 9:45 am | View Website
  • How to make innovation drive economic growth? | IPdigIT
    The central role that innovation plays in driving economic growth is well known thanks to the pioneering work of Robert Solow (Nobel Prize Laureate in Economics in 1987).
    07/20/2016 - 7:29 am | View Website
  • "Politics Make Strange Bedfellows"
    "Politics Make Strange Bedfellows" U.S. Senator Orrin Hatch "If it is reorganization, a new deal, and a change you are seeking it is Hobson's choice.
    07/18/2016 - 2:55 pm | View Website
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