Skip to comments.Romney's "Sterling Business Career" [Web Site Built on Bill Clinton's description of Mitt!]
Posted on 09/06/2012 5:16:59 PM PDT by SoFloFreeper
Governor Romney's time at Bain Capital was spent fixing struggling businesses and giving new businesses a shot at success. From 1984, when Romney co-founded the firm, to February 1999 when he left to lead the Olympics, Romney helped save thousands of jobs at companies that were in trouble. And the businesses Romney helped start while at Bain Capital employ more than 100,000 people today.
Since Bain Capital's founding, the company has had a remarkable record of success, especially considering that it largely invests with struggling or startup enterprises. Eighty percent of Bain Capital's portfolio companies have increased revenues, and only five percent of the companies under its control have filed for bankruptcy. Romney's work not only helped to save and create jobs, it also provided returns to investors, the majority of which were pension funds for retirees, university endowments helping with financial aid, and charities serving their local communities.
(Excerpt) Read more at sterlingbusinesscareer.com ...
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