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To: EternalVigilance
I have a friend who is a billionaire hedge fund manager and another friend who is the COO of a very large private equity firm. They know EVERYTHING there is to know about a company before they invest, their livelihood depends on it. Due diligence exists for a reason.

Men like Romney are also looking at companies with the possible goal of breaking them up and selling different divisions off. To do this they must know if there is anything objectionable or problematic.

This is no different than what happened with Apartheid back in the 80s. Just about every major corporation had to go through every aspect of their business and divest themselves of anything related to South Africa. And they weren't doing this because they had to, they were doing this because the public and their shareholders demanded it.

82 posted on 11/26/2014 10:01:12 AM PST by wagglebee ("A political party cannot be all things to all people." -- Ronald Reagan, 3/1/75)
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To: wagglebee

Absolutely.

Romney knew full well exactly what he was profiting from. The chances that he didn’t are ZERO.


83 posted on 11/26/2014 10:16:39 AM PST by EternalVigilance
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