Romney’s Risk-free Career Transitions

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.

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    Put another way, Mitt Romney's investing was almost risk-free. He won when his portfolio companies won ... Romney the businessman built his career on two things that Romney the candidate decries: massive debt and dumb federal giveaways.
    08/27/2014 - 3:40 pm | View Link
  • How to invest like Mitt Romney
    Although Mitt Romney could have made much more money if he had stayed in private equity instead of launching a career in politics ... so Romney is essentially getting a risk-free guarantee that pays up to three times what U.S. Treasurys pay.
    06/7/2013 - 6:47 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 ...
    06/6/2013 - 4:30 pm | View Link
  • Mitt Romney must exploit Benghazi assault to trump Barack Obama on foreign policy
    Exploiting that opening is far from risk-free for Mr Romney. Twice this campaign he has attempted to make political capital out of the Benghazi debacle, and twice he has fallen – publicly and spectacularly- flat on his face. First, he called an ill ...
    10/22/2012 - 2:31 am | View Link
  • Mitt Romney to criticize President Obama on coal and environmental regulations in Ohio visit Tuesday
    He said no one disputes the market effects of fracking. But fracking and plans for long-distance natural gas transport and storage have not yet been proven 100 percent risk free. Natural gas prices could easily spike eventually, and that will be disastrous ...
    08/14/2012 - 1:42 am | View Link
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