Well, I would say those people don't have facts on their side. Romney founded a PE company that's doing quite well - that's not easy. In addition he was a key contributor to a company that helps other companies do well; the only one of its type that will take stock in lieu of fees ( vs BCG and McK )
So whatever else you may say about him, you can't factually say he hasn't been a strong contributor the the US economy - and therefore he's a job creator by the facts. Thus those people who question the narrative are quite wrong. On Jan 20, 2012, at 3:19 PM, Dana <dana.tier...@gmail.com> wrote: > > I am not here to argue the point. I dislike Romney but at least he is sane, > unlike most of his opponents. Just pointing out that some people question > his narrative. > > On Fri, Jan 20, 2012 at 11:43 AM, Gruss Gott <grussg...@gmail.com> wrote: > >> >> My only point would be that the shareholders decided to take it private - >> which is usually either because they're in big trouble or they collectively >> decide its time to cash out and take profits. >> >> Either way, it was the shareholders call to sell. If Bain bought and sold >> for profit then they must have created value to some buyer - in general I'm >> not seeing the problem here. >> >> My guess would be that the company was struggling and wouldve gone >> bankrupt without PE intervention. >> >> This was much the case with Burger King and Toys r Us, both Bain purchases >> that both would've died without them. >> >> I look at that as a positive win for both companies and their employees. >> >> >> >> On Jan 20, 2012, at 10:18 AM, Dana <dana.tier...@gmail.com> wrote: >> >>> >>> it was publicly traded as I understand it >>> >>> On Thu, Jan 19, 2012 at 9:51 PM, Gruss Gott <grussg...@gmail.com> wrote: >>> >>>> >>>> You win some you lose some. It was Bains company to do with what they >>>> wanted. Would it have lasted on its own without them? Why was it sold >> to >>>> them? >>>> >>>> >>>> >>>> On Jan 19, 2012, at 11:39 AM, Dana <dana.tier...@gmail.com> wrote: >>>> >>>>> >>>>> for what it may be worth, one Florida's experience with Bain Capital >> does >>>>> not support the refrain of job creation: >>>>> >>>>> >>>> >> http://www.miamiherald.com/2012/01/18/2596300/in-miami-story-of-profits-and.html >>>>> >>>>> >>>>> >>>> >>>> >>> >>> >> >> > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:345621 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
