Boston's New Labor Blog filled with economic royalists and serfs. A guide to complete sub-minimum wage employment in the new economy.
Please support the blog by shopping for products on the right hand column.
Thursday, August 30, 2012
Apparently Mitt didn't really build it himself but got a little help from government
And one person who has gotten quite a lot of government help with his business over the years has been Mitt Romney.
Bain & Co. got into deep financial trouble in the late 1980s, partly because the founding partners of Bain Capital had stripped it of cash and saddled it with debt. But since the personal reputation of Romney was so tied to the fate of the Bain & Co, he jumped back into the company in 1990, after six years as CEO of Bain Capital.