Ravi
Diamond Member
If you spend 40K plus on your hair yearly, you might be a Romney.
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or not...If you created more jobs than Obama, you might be Romney.
FactCheck.org : Unproven Jobs Claim in Pro-Romney Ad
Los Angeles Times, Dec. 3: Bain expanded many of the companies it acquired. But like other leveraged-buyout firms, Romney and his team also maximized returns by firing workers, seeking government subsidies, and flipping companies quickly for large profits. Sometimes Bain investors gained even when companies slid into bankruptcy.
For example, Politico noted that in 1992, Bain acquired the firm American Pad & Paper, and that by 1999 two American plants were closed and 385 jobs had been cut.
Bain managers told the Los Angeles Times they were focused on profit, not job creation.
"I never thought of what I do for a living as job creation, Marc B. Walpow, a former managing partner at Bain who worked closely with Romney for nine years, told the Los Angeles Times. The primary goal of private equity is to create wealth for your investors."