Bain Buys Ampad, Bankrupts It and Sells it to Muslims Who Practise Sharia Law

Daiily-Paul ^ | 1/12/12 | Skipper1946

[Nachum]

Say it ain't so.....truth is Stranger than fiction

In 1992, Bain Capital, with Mitt Romney at the Helm, bought American Pad and Paper from the Meade Corporation. In 1999 American Pad and Paper was bankrupted. Bain, with Mitt still in leadership, sold Ampad to a Bahrainian company, Crescent Capital Investments, now named Arcapita. The company is headed by Muslims who make all of their investment decisions based on Sharia law.

So Chickenhawk Romney fears radical Muslim Jihadists now after he was perfectly comfortable with them before. Are we reminded of a continuing pattern here?

[Eldon Tyrell]

What does this slimey article have to do with anything?

Bain bought and sold a company.

Should they get your approval?

What part of the free conduct of business are you against? Are there any others you would like to outline?

[Eldon Tyrell]

FYI -
Bain Consulting is a consulting company that pre-existed Bain Capital -

Mr Bain asked Romney to head Bain Capital - when they saw they could make more $ off their ideas than just a consultant fee.

One is consulting - the other takes an ownership stake (or complete ownership).

There is no need for the strange “incestuous” comment. If you have “no idea” - then why are you throwing around these weird comments? 30 seconds on Google would answer your question better than I have.

It seems lazy and smart mouthed (along with anti-capitalist - others on this thread covered that one) are becoming conservative qualities now. They never were in the past.

[OafOfOffice]

I can’t seem to track down the truth on this. I think they are separate but then someone said Romney was at one time a part of both.

http://en.wikipedia.org/wiki/Bain_%26_Company

http://www.forbes.com/sites/frederickallen/2012/01/20/bain-co-to-new-hires-were-not-the-romney-bain/

Also kind of interesting the employees of that one company who Gingrich used as a video against Romney, they came out and said the company went under after a teacher’s union bought them out. Not under Romney.

I know Romney is a liar and he is not strong enough to beat Obama but I still like to know the truth. My fear is Obama thugs set these stories up.

[MEGoody]

I'm not a Mitt fan, but this kind of crap is just stupid:

In 1992, Bain Capital, with Mitt Romney at the Helm, bought American Pad and Paper from the Meade Corporation.

Um, yeah, that's kind what they did - buy companies that were about to go under and try to salvage them.

In 1999 American Pad and Paper was bankrupted.

Apparently this one was too far gone and Bain couldn't save it. Or was this the company where the unions went on a long term strike which caused the company's demise? I'm not sure.

Bain, with Mitt still in leadership, sold Ampad to a Bahrainian company.

So what? I'm not sure why this is a big deal except that the author obviously doesn't know enough about Mitt's background to deal with real issues such as Romneycare, so brings up this kind of silly stuff.