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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    Sign the pledge: I will Get Out The Vote to defeat Trump Donald Trump is the Republican nominee, which is frightening.We must make sure his hateful rhetoric does not even come close... Sign if you agree: Presidents do not stop working in the final year of ...
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  • Mitt Romney in 2016?
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    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 ...
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  • So what is Romney’s foreign policy?
    Republican presidential nominee Mitt Romney gave his “Mantle of Leadership” speech Monday – his third major attempt in a year to outline his views on foreign policy. In a speech filled with rhetoric rather than substance, and with repeated and false ...
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