Sorry, I sold my engineering company via Bains, and I know far more than the inside scoop.
It was founded in the 70s with Gov. Romney’s money and connections at Harvard B School — and still serves a lot of state government funds and endowments (e.g., investments for Harvard).
Know all the players there and at HBK Fund (at the time -— the son has taken over there, too).
Basically, it was a place for Romney, Sr. to place his son and keep his money active after his humiliating defeat running for office.
Romney, Jr would never have gotten it off the ground, but for Daddy’s money and connections.
Now, I applaud his daddy. I intend to do the same for my children.
But to try to call Romney, Jr. self-made is a joke — he walked into something he was groomed for his whole life.
Indeed, Romney, Sr. was so bitter after his humilating defeat when running for president, it’s pretty obvious that Jr. is just trying to fulfil the path his dad put him on.
Sounds like Al Gore.
We are suitably scandalized that you have slandered Myth Romney in such a manner. We are sure that your next post will be an appropriately worded apology.
“Romney, Jr would never have gotten it off the ground, but for Daddy’s money and connections”
Harvard also brought us John B sKerry and many other left wing poly sci operatives who have contaminated every cabinet in government with their liberal socialist influences.
That, my fellow Freeper, is called political nepotism.
We have politicians being raised in their daddy and grand daddy’s shadows to be politicians. The political “familys” have the arrogance of royalty. Name brand recognition generates connections in politics that very few outsiders could ever make. Al Gore is a prime example of riding his daddy’s coat tails. And Daddy Gore got a lot of money from Standard Oil (Armand Hammer) by brokering oil drilling deals in communist USSR.
Favors like that are re-paid for generations.
Nobody ever set me up in a business that made me 300 million bucks. But then my daddy wasn’t politically connected. He was just a successful middle class businessman. In the world of politics, middle class business experience carrys no weight. Gotta broker million dollar deals to be successful.