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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...

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.

I keep hearing about Sensata? What is the scoop on that and why is the left thinking it will hurt Romney??

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...

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...

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.

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........

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...

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...

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....

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.

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. New York-based Preqin uses public documents, news accounts and Freedom of Information requests to...

Very rich people have very much money in very many places. Currently, that’s the broadest possible takeaway from the 950 pages of confidential documents related to Mitt Romney’s finances obtained and published by Gawker. The files include “internal audits, financial statements, and private investor letters for 21” entities in which the candidate has invested over $10 million—many of them Bain Capital subsidiaries or investment vehicles based in Bermuda or the Cayman Islands. So far, there's nothing on income taxes, nothing incriminating, and nothing that should send either campaign reeling—but there are a couple of strings worth pulling on. Gawker’s John...

Jay Leno on Tonight Show Layoffs: 'We've Been Taken Over By Bain Capital' By Noel Sheppard Created 08/21/2012 - 10:18am Jay Leno on Monday addressed the recent announcement that there have been numerous layoffs at NBC's Tonight Show forcing him to take a pay cut to save some of his staff. Feeling the need to take a cheap shot at presumptive Republican presidential nominee Mitt Romney, Leno quipped, “Turns out now we've been taken over by Bain Capital" (video follows with transcript and commentary): Leno began his opening monologue saying, “Welcome to the Tonight Show, or as Comcast calls us,...

Mitt Romney cannot run from his record at Bain Capital. So, he might as well give this speech. ... Ladies and Gentlemen: You have heard plenty about my previous life as a rich businessman. Yes, I made some $250 million in free enterprise and am proud I did — just as Berry Gordy is proud that he produced millions at Motown and Steve Jobs was proud he yielded billions at Apple. Like these respected and wealthy entrepreneurs, I added value, delivered products and services that people wanted and created thousands of careers along the way. At Bain Capital, my team...

During the month of July, Barack Obama relentlessly attacked Mitt Romney with bogus charges of outsourcing American jobs during his tenure at Bain Capital.  Hypocrisy has become standard-operating-procedure for the Obama White House and campaign team.  However, some new information suggests that if Obama really wanted to rail against the big outsourcer he should have been talking to the man in his mirror. The Obama campaign spent millions on television ads accusing Romney of being the "outsourcer-in-chief."  But, when scrutinized by political truth-testers across the nation, the accusations proved to be false.Glenn Kessler, The Fact Checker at the Washington Post,...

Bain Capital, the investment firm that Mitt Romney made famous, made a leveraged buyout that saved the site of Barack and Michelle Obamas’ first kiss.

What do Mitt Romney and El Salvadoran death squads have in common? Well if you’re the Huffington Post the answer is a lot. If you happened to be one of the few people who went to the Huffington Post website on August 8, you probably saw the following provocative and ridiculous headline: “Mitt Romney Started Bain Capital with Money from Families Tied to Death Squads.” The article asserts that when Romney was looking for money to form Bain Capital in 1983, he turned to several Central American investors, investors who supposedly had ties to death squads throughout El Salvador. While...

Former steel worker Joe Soptic, who was prominently featured in President Obama's new anti-Romney ad, is actually a familiar face on the anti-Bain beat. In January, Soptic complained to Democracy Now, a liberal non-profit TV station, that when the steel company he worked for was bought out, they tried to buy him out. "I guess the first thing I noticed that when the company was bought out by GST, They became very union non-friendly, they started looking for ways to eliminate jobs," Soptic said. "In my case in my department, they actually offered to buy our jobs out from underneath...

Earlier today, pro-Obama super PAC Priorities USA released an ad in which Joe Soptic discusses how he lost his job because Bain closed a GST Steel plant in Kansas City, Missouri, in 2001, and notes that his wife passed away of cancer not long after, suggesting that she waited to see a doctor (she had stage 4 cancer by the time she received medical attention) because of the couple’s lack of health insurance. Well, first it turned out that Soptic’s wife, Ranae Soptic, died in 2006 — five years after the GST Steel plant closed.