Keyword: bain

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  • Poll: Romney the frontrunner in 2016?

    06/19/2014 3:36:50 PM PDT · by 2ndDivisionVet · 425 replies
    CNN's Political Ticker ^ | June 19, 2014 | Paul Steinhauser, political editor
    He's said over and over that he won't run for the White House a third time, but a new poll indicates that if Mitt Romney changed his mind and made another bid for president, he'd be the frontrunner among Republicans in the first-in-the-nation primary state of New Hampshire. According to the Suffolk University/Boston Herald survey, which was released Thursday, 24% of Granite State Republicans and independents who lean towards the GOP say that Romney would be their first choice for their party's presidential nomination. Among the potential 2016 GOP contenders, New Jersey Gov. Chris Christie was a distant second, at...
  • Can Mitt Romney Save Hostess?

    11/19/2012 1:19:44 PM PST · by drewh · 57 replies
    Long Island Poltics ^ | Fri, Nov 16, 2012
    Could Mitt Romney save Hostess? Like him or not, if you have ever shopped at a Staples and/or Sports Authority, you have Mitt Romney and his Bain Capital buddies to thank. And now that Mr. Romney is not running — well anything, maybe he can shift his energy towards an endeavor greater than saving the nation from the “looming fiscal cliff” … and rescue my favorite cakes from extinction. Sure President Obama may have saved the auto-industry, but bring back Ho Ho’s, Sno-Balls and Wonder Bread and Virginia, Minnesota & Michigan become easy wins in the next presidential election. Wanna...
  • Union: 'Bain-style' killing of Twinkie (Romney's fault)

    11/16/2012 10:35:11 AM PST · by Free ThinkerNY · 78 replies
    Politico ^ | Nov. 16, 2012 | KEVIN CIRILLI
    The Bain attack is back. This time it’s being used against Hostess Brands, the Twinkies and Wonder Bread maker that announced Friday it was closing. AFL-CIO President Richard Trumka drew the comparison in a public statement Friday. “What’s happening with Hostess Brands is a microcosm of what’s wrong with America, as Bain-style Wall Street vultures make themselves rich by making America poor,” Trumka said in a public statement. “Crony capitalism and consistently poor management drove Hostess into the ground, but its workers are paying the price.” Earlier Friday, Hostess Brands announced that it would be closing, which the company said...
  • The return of Bain Capital (Big Bird, Binders, Bayonets Under Bus)

    10/30/2012 12:02:34 PM PDT · by mojito · 17 replies
    Politico ^ | 10/30/2012 | Alexander Burns and Maggie Haberman
    For the final days of the 2012 campaign, the Democratic groups pummeling Mitt Romney on television have returned to the weapon they started with last spring: Bain Capital. The Obama campaign and its super PAC allies have spent months trashing Romney’s policies and personal values across the airwaves, branding him as a job-killing, abortion rights-opposing, Medicare-privatizing tycoon who disdains working-class and poor Americans. But with a little over a week left in the race, several of the Democrats’ top independent spenders are leaning hard into the Bain message, eschewing a pure policy message for a gut-punch reminder that the former...
  • MSNBC’s Fineman in a tizzy over Des Moines Register’s Romney endorsement; Left shrieks ‘Bain...

    10/28/2012 2:22:14 PM PDT · by markomalley · 13 replies
    Twitchy ^ | 10/28/12
    Oh, my! Perhaps that explains this indecipherable frantic tweet that Mr. Fineman posted earlier.#Obama in dm register tre— Howard Fineman (@howardfineman) October 28, 2012 Heh. Cat got your tweet, toots? Twitter users can’t resist some jabs over that one.@howardfineman your tweets are really hard to decode.— Dave Devitt (@sydcon) October 28, 2012 @howardfineman Is that you Senator Grassley?— Gus (@Gus_802) October 28, 2012 Looking at @howardfineman's recent TL, I'm convinced he's drunk or dictates his columns at HP.— Slim Pickens (@Mattie96) October 28, 2012 HuffPo editor and MSNBC analyst Fineman continues. Basically, that Des Moines Register endorsement of Romney?...
  • Wealthy CEO torments ex-wife (Staples founder’s ex-wife: I’ll be out on the street)

    10/23/2012 9:37:05 PM PDT · by Perdogg · 90 replies
    PurseLog ^ | Sept 3 2006
    Maureen Sullivan Stemberg, ex-wife of Staples founder, sits in her $5,200 a month, 14th-floor, concierge-at-the-door, elegantly furnished Back Bay apartment and tells you she’s broke. She can’t work. She can’t afford a car, her medications, her rent, even the family springer spaniel, J.J., who she just gave away. She produces doctors notes detailing medical woes: possible lupus, bouts of pneumonia requiring hospitalizations, a history of cancer, petit mal seizures, plus recommendations for thrice weekly psychotherapy and psychiatry. She says her insurance won’t cover mental health care. “I’m going to be out on the street,” says Sullivan Stemberg, a tiny, 50-ish...
  • Romney as a Manager: Unhurried and Socratic (MUST READ)

    10/20/2012 2:04:40 PM PDT · by indianrightwinger · 38 replies
    nytimes ^ | MICHAEL BARBARO, SHERYL GAY STOLBERG and MICHAEL WINES
    Romney as a Manager: Unhurried and Socratic By MICHAEL BARBARO, SHERYL GAY STOLBERG and MICHAEL WINES. BOSTON — As governor of Massachusetts, Mitt Romney could not resist burrowing into the bureaucratic weeds: He once took the statewide math and reading test for 10th graders, then startled his education commissioner by calling to say, “I like No. 14” and rattling off the answer. As head of the private equity firm Bain Capital, he was so uncomfortable cutting loose struggling employees that a legend grew: executives sent in to his office to be fired emerged thinking they had been promoted. And as...
  • Pro-Obama super PAC goes back to Bain basics in closing days

    10/20/2012 7:12:16 AM PDT · by Oldeconomybuyer · 11 replies
    Politico ^ | October 20, 2012 | By MAGGIE HABERMAN
    The pro-President Obama super PAC Priorities USA Action is out with a memo this morning detailing its plans for the final days, including the return of one of its toughest spots about Mitt Romney's time at Bain.
  • Fact Check: Story about Mitt Romney and missing child is true .

    10/19/2012 6:52:01 PM PDT · by sushiman · 107 replies
    The Florida Times-Union ^ | 4/29/12 | Carole Fader
    Is it true that Mitt Romney closed down his firm, Bain Capital, and flew 30 workers to New York to look for the missing daughter of one of his colleagues? The fact-finding groups PolitiFact.com, Snopes.com and Truthorfiction.com all rate this as true, and media reports of the day confirm much of the details of the viral email.
  • Tuesday's Debate: Obama Tips Hand?...Will Slam Romney on Bain?

    10/14/2012 11:31:08 AM PDT · by CincyRichieRich · 75 replies
    www.Foxnews.com ^ | 10-14-12 | Ed Henry
    As President Obama began to hunker down at a plush resort here for three full days of debate prep, his campaign team signaled the incumbent may steal a page from Vice President Joe Biden and show a more aggressive tone in Tuesday's second face-to-face showdown with Republican Mitt Romney. "Gov. Romney has been making pitches all of his life and he knows how to say what people want to hear whether that was during his time at Bain or during the dozens of town halls he did during the primary," said Obama campaign spokeswoman Jen Psaki said Saturday. "His running...
  • Obama camp tips hand on debate, hints president will attack Romney on Bain

    10/14/2012 6:58:56 AM PDT · by Blue Turtle · 120 replies
    As President Obama began to hunker down at a plush resort here for three full days of debate prep, his campaign team signaled the incumbent may steal a page from Vice President Joe Biden and show a more aggressive tone in Tuesday's second face-to-face showdown with Republican Mitt Romney. "Gov. Romney has been making pitches all of his life and he knows how to say what people want to hear whether that was during his time at Bain or during the dozens of town halls he did during the primary," said Obama campaign spokeswoman Jen Psaki said Saturday.
  • What is the story on Sensata?

    10/14/2012 6:08:11 AM PDT · by KevinDavis · 12 replies
    10/14/2012 | Kevin Davis
    I keep hearing about Sensata? What is the scoop on that and why is the left thinking it will hurt Romney??
  • Greed, debt and Matt Taibbi: What Rolling Stone got right, and wrong, about Bain Capital

    09/09/2012 3:05:02 PM PDT · by mojito · 2 replies
    CNN/Fortune ^ | 9/4/2012 | Dan Primack
    Very few of my friends understand private equity, let alone care about it. But some of them wrote me this past weekend, after reading Matt Taibbi's new cover story for Rolling Stone about Mitt Romney's time with Bain Capital. [....] Taibbi took out the long knives for this one, which means he sacrificed a bit of accuracy for potency. His overall thesis is correct: There is a fundamental hypocrisy in a former leveraged buyout investor railing against America's ballooning debt. Leveraged buyouts, by definition, add debt to a company's balance sheet -- weighing it down in the short-term so that...
  • Steelworker Featured at DNC Didn't Work for Bain (Unions and Dems Caught Lying)

    09/06/2012 3:37:46 PM PDT · by Dallas59 · 10 replies
    Yahoo News ^ | 9/6/2012 | Yahoo News
    The Democratic National Convention on Wednesday featured three speakers billed as "former employees of companies controlled by Bain Capital." They each told compelling stories about jobs lost, allegedly because of the actions of Bain under Romney's leadership. But it turns out one of those employees never actually worked for a company controlled by Bain Capital. David Foster was supposedly one of those former employees on the convention schedule. He told the story about 750 steelworkers who lost their jobs when the Bain-controlled company GST steel filed for bankruptcy in the early 1990s. "In 2001, with GST bankrupt and Romney still...
  • Steelworker Featured at DNC Didn’t Work for Bain

    09/06/2012 10:55:54 AM PDT · by Wyatt's Torch · 28 replies
    ABC News ^ | 09/06/2012 | Jonathan Karl
    The Democratic National Convention on Wednesday featured three speakers billed as “former employees of companies controlled by Bain Capital.” They each told compelling stories about jobs lost, allegedly because of the actions of Bain under Romney’s leadership. But it turns out one of those employees never actually worked for a company controlled by Bain Capital. David Foster was supposedly one of those former employees on the convention schedule. He told the story about 750 steelworkers who lost their jobs when the Bain-controlled company GST steel filed for bankruptcy in the early 1990s.
  • Look who parks their cash at Bain

    09/04/2012 12:46:32 PM PDT · by ctpsb · 4 replies
    New York Post ^ | 08/31/12 | Deroy Murdock
    Democrats convened in Charlotte, NC, will double down on their claim that Bain Capital is really the Bain crime family. They will accuse Republican nominee Mitt Romney and Bain’s other “greedy” co-founders of stealing their winnings, evading taxes and lighting cigars with $100 bills on their yachts........
  • Bain employees to speak at Democrats' convention, officials confirm

    09/03/2012 6:50:57 PM PDT · by Justaham · 59 replies
    foxnews.com ^ | 9/3/12 | Bret Baier
    Democrats plan to have Bain Capital employees make the case against Mitt Romney at their convention in Charlotte. Senior Obama campaign officials confirmed to Fox News that at least two people who worked at Bain Capital -- Romney's former private equity firm -- will speak at the Democratic National Convention this week. The bold move comes after Democrats have spent millions of campaign dollars on ads shedding light on companies that folded after Bain takeovers. While the campaign is not revealing who will be speaking or when they'll be addressing the convention, one thing is clear -- it will not...
  • Inquiry on Tax Strategy Adds to Scrutiny of Finance Firms(Bain/Romney)

    09/02/2012 11:19:04 AM PDT · by EBH · 7 replies
    New York Times ^ | 9/1/2012
    Mr. Schneiderman’s investigation will intensify scrutiny of an industry already bruised by the campaign season, as President Obama and the Democrats have sought to depict Mr. Romney through his long career in private equity as a businessman who dismantled companies and laid off workers while amassing a personal fortune estimated at $250 million. Some executives at the firms said they feared that Mr. Schneiderman, a first-term Democrat with ties to the Obama administration, was seeking to embarrass the industry because of Mr. Romney’s roots at Bain. Others suggested that the subpoenas, which were issued by the attorney general’s Taxpayer Protection...
  • Greed and Debt: The True Story of Mitt Romney and Bain Capital

    09/02/2012 10:29:39 AM PDT · by tired&retired · 36 replies
    Rolling Stone Magazine ^ | September 13, 2012 | Matt Taibbi
    How the GOP presidential candidate and his private equity firm staged an epic wealth grab, destroyed jobs – and stuck others with the bill. The great criticism of Mitt Romney, from both sides of the aisle, has always been that he doesn't stand for anything. He's a flip-flopper, they say, a lightweight, a cardboard opportunist who'll say anything to get elected. The critics couldn't be more wrong. Mitt Romney is no tissue-paper man. He's closer to being a revolutionary, a backward-world version of Che or Trotsky, with tweezed nostrils instead of a beard, a half-Windsor instead of a leather jerkin....
  • Look who parks their cash at Bain

    09/01/2012 8:22:03 AM PDT · by NMRed · 13 replies
    New York Post ^ | 9/1/2012 | Deroy Murock
    Democrats convened in Charlotte, NC, will double down on their claim that Bain Capital is really the Bain crime family. They will accuse Republican nominee Mitt Romney and Bain’s other “greedy” co-founders of stealing their winnings, evading taxes and lighting cigars with $100 bills on their yachts. But Bain’s private-equity executives have enriched dozens of organizations and millions of individuals in the Democratic base — including some who scream most loudly for President Obama’s re-election. Government-worker pension funds are the chief beneficiaries of Bain’s economic stewardship.