Wednesday, January 11, 2012
Private Equity President Romney? Don't Bet On It
Robert Lenzner, ForbesI can give you several gritty reasons why former Bain private equity czar Mitt Romney is not the person to become President of the U.S. in November.First, is just one tale of a Bain deal under Romney. Bain invested just $30 million to take over a company. It then arranged for this company to pay Bain and its investors a special dividend of $180 million"“ or six times the amount of equity capital Bain invested to take control.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment