Sunday, June 24, 2012

Getting Away with It by Paul Krugman and Robin Wells | The New York Review of Books

Getting Away with It by Paul Krugman and Robin Wells | The New York Review of Books:

"In the spring of 2012 the Obama campaign decided to go after Mitt Romney’s record at Bain Capital, a private-equity firm that had specialized in taking over companies and extracting money for its investors—sometimes by promoting growth, but often at workers’ expense instead. Indeed, there were several cases in which Bain managed to profit even as it drove its takeover targets into bankruptcy."

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