We’ve heard from Bain, the Firm. Now there’s something (a little something) from Bain, the Man. The Daily Beast coaxed the hyper-private Bill Bain into addressing the criticism directed at his namesake firm and his protégé Mitt Romney’s tenure there...
Read more »
Photograph by David L Ryan/The Boston Globe via Getty Images
Mitt Romney, head of Bain & Company, Inc.
Bain (The Man) Speaks Out
Wall Street as Campaign Demon: One in 10 TV Ads Aired: $91 Mln
Every campaign season has its corporate demon. In 2002 it was Enron, in 2010 it was Lehman Brothers and BP. There’s a new scapegoat this year, with spending higher than ever. As we report on Bloomberg Television today, one of every 10...
Read more »
Photograph by Nicholas Kamm/AFP/Getty Images
Mitt Romney at a town hall meeting in Grand Junction, Colorado.
Romney Transcends Private Equity… Until He Doesn’t
So just how big a drag is Mitt Romney’s history in private equity? Not much, if you believe the latest NBC News Wall Street Journal Poll, which involved interviews from Sept. 12 to 16 with 900 registered voters. Voters ranked...
Read more »
Photograph by Alex Wong/Getty Images
Former employee at companies controlled by Bain Capital, David Foster speaks during day two of the DNC.
Former Employee: Bain Fired 750 Steelworkers, Pocketed $12m Profit
Bain Capital LLC fired 750 steelworkers while they pocketed $12 million in profit, according to David Foster, a steel worker who led other workers in the midwest, including at GST Steel in Kansas City, a 100-year old company bought by...
Read more »Romney to Make Upbeat Appeal for Obama Voters, Women and Bain
Mitt Romney’s moment will include an appeal to the people who voted against his party in 2008. “If you felt that excitement when you voted for Barack Obama, shouldn’t you feel that way now that he’s President Obama?” Romney will...
Read more »Bain Meets Bane
Protests outside office buildings featuring oversized characters are not startling to midtown Manhattan workers on lunch break, but few combine the GOP presidential nominee and a summer blockbuster villain. United NY, an organization that advocates for higher wages and has...
Read more »Bloomin’ Onion! That’s Mitt’s, Too
While the political season has zeroed in on a small handful of companies Bain controlled during Mitt Romney’s tenure, the impact of the $65 billion private-equity firm is felt far and wide. Take Tampa. Now that Isaac has cleared out,...
Read more »Once-Aired Ad With Anti-Romney Widower Shows Earned Media Power
With all the attention that controversial ad of a widower attacking Mitt Romney has received, it actually didn’t appear on television until yesterday. And that was only “because of a station error,” according to ad’s sponsor, Priorities USA Action, a super-PAC backing...
Read more »
Photograph by Kiyoshi Ota/Bloomberg
Wilbur L. Ross Jr., chairman and chief executive officer of W. L.Ross & Co. LLC.
Ross: Private-Equity Rhetoric Hurts
If you ask private-equity executives whether the campaign rhetoric surrounding Mitt Romney’s buyout past is hurting business, most will wave you off. For billionaire investor Wilbur Ross, on the other hand, the effect has been real — and he’s ready...
Read more »
Photograph by Evan Vucci/AP Photo
Protests outside a fundraiser for Mitt Romney on July 16, 2012 in Baton Rouge, La.
Rick Perry, from `Vulture Capitalism’ to Tax Auditor — Pressing Romney
Payback is priceless. Texas Governor Rick Perry, who challenged Republican Mitt Romney for the party’s presidential nomination — and criticized Romney’s private-equity business as “vulture capitalism” – has joined a bipartisan chorus ranging from the Obama campaign to a former...
Read more »




