On Thu, Jun 7, 2012 at 3:01 PM, ken hanly <[email protected]> wrote: > The article shows that the Teamsters do not invest in Bain capital and > that they have a committee that filters out companies such as Walmart and > Bain that they do not want to invest in because they are worker unfriendly. > Certainly the Teamster's will invest in the system they are more or less > forced into that but they do try to exert some control and not just pick out > the highest return without considering other factors. There is nothing at > all hypocritical about the specific criticism of Romney and Bain.
Did you see the quote that I cited? Differentiating between "good" PE companies and "bad" seems to me like rationalization. It is not so easy to scrub your conscience clean by making a fuss about not investing in WalMart. -------------------snip And Aloise, who has been a Teamster since 1967, says he’s not comfortable with broad-brush criticisms of the private equity industry, whether they come from the Obama administration or anybody else. “I’ll be honest with you,” he told CNBC. “I cringe sometimes when I hear them beating up private equity for the sake of beating up private equity.” _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
