Ping
:) Thanks!
This story was big on FNC today but not mentioned on MSNBC which is now the Bain's 24/7 channel. It is like Christmas every day now over there at MSNBC, they are celebrating that Republicans finally woke up to the evils of the rich and of capitalism that they lectured us about for years.
From what they were saying at FNC the 'King of Bain' had some very gross errors in it. I did find these with a few minutes of google search:
■The film talks about layoffs at DDi Corp. and discusses questionable manipulation of stock prices after the circuit board company went public. But Romney had left Bain Capital a year before any layoffs and a public stock offering that ultimately netted Bain and Romney a big payday. The companys subsequent bankruptcy filing came two years after Bain had largely divested from the company, and was the result of the dot-com bust. Moreover, the company emerged from bankruptcy, and its current CEO credits those early Bain investments for setting the foundation for the companys current success.
■The film claims Romney was involved in the acquisition, management and demise of the now-defunct KB Toys. He wasnt. Bain bought the toy company nearly two years after Romney left Bain.
■Likewise, the closing of UniMacs plant in Marianna, Fla., occurred seven years after Romney left Bain and nearly two years after Bain sold UniMacs parent company to another private equity house
Facts Strained in King of Bain
This other vid has been posted online by a pro Gingrich PAC called 'Winning Our Future.' and I found it posted on FNC.
FNC Politics , January 11, 2012, HERE IT IS...The Full Romney/Bain Documentary
The King of Bain mini doc/ad is very similar to a Michael Moore movie... in fact it reminds me of his movie ‘Capitalism a Love Story’