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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  • The Hot Seat
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  • The Disappearing Public Intellectual and the Crisis of ...
    Henry A. Giroux 7 short term profits while empathy and concern for others are viewed as a weakness. As public visions fall into disrepair, the concept of the public ...
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  • What Is Carry? | Wall Street Oasis
    The carry of any asset is the cost or benefit of owning that asset. For example oil would have a negative carry as it requires storage, but a bond would have a ...
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