Did Romney Avoid The Tax Man?
Posted by Michelle Moquin on August 2nd, 2012
Good morning!
I’m interested.
MOrt, and DN: Whether you’re interested or not, this one is for you:
Harry Reid: Bain Investor Told Me That Mitt Romney ‘Didn’t Pay Any Taxes For 10 Years’
WASHINGTON — Senate Majority Leader Harry Reid (D-Nev.) has what he says is an informed explanation for why Mitt Romney refuses to release additional tax returns. According a Bain investor, Reid charged, Romney didn’t pay any taxes for 10 years.
In a wide-ranging interview with The Huffington Post from his office on Capitol Hill, Reid saved some of his toughest words for the presumptive Republican presidential nominee. Romney couldn’t make it through a Senate confirmation process as a mere Cabinet nominee, the majority leader insisted, owing to the opaqueness of his personal finances.
“His poor father must be so embarrassed about his son,” Reid said, in reference to George Romney’s standard-setting decision to turn over 12 years of tax returns when he ran for president in the late 1960s.
Saying he had “no problem with somebody being really, really wealthy,” Reid sat up in his chair a bit before stirring the pot further. A month or so ago, he said, a person who had invested with Bain Capital called his office.
“Harry, he didn’t pay any taxes for 10 years,” Reid recounted the person as saying.
“He didn’t pay taxes for 10 years! Now, do I know that that’s true? Well, I’m not certain,” said Reid. “But obviously he can’t release those tax returns. How would it look?
“You guys have said his wealth is $250 million,” Reid went on. “Not a chance in the world. It’s a lot more than that. I mean, you do pretty well if you don’t pay taxes for 10 years when you’re making millions and millions of dollars.”
The highest ranked Democrat in Congress, Reid is known more as a back room brawler than a public flamethrower. So his willingness to throw this private conversation into the media frenzy over Romney’s taxes underscores the low opinion he has of the Republican candidate.
Tellingly, neither Reid nor his office would reveal who the investor was, making it impossible to verify if the accusation is true. And as his quote makes clear, he’s uncertain if the information is accurate. The Romney campaign’s press secretary, Andrea Saul, has previously denied rumors that Romney didn’t pay “any taxes at all.”
But there is limited political downside to the type of open speculation that Reid is making, so long as Romney refuses to budge on the issue of his tax returns. Increasingly, other Democrats are growing more assertive in their goading. In an appearance at the Center for American Progress on Tuesday, former Ohio Gov. Ted Strickland argued that he could openly speculate as to whether Romney “is a tax avoider” or “cheat” because “his behavior invites such speculation.”
Romney recently told ABC News that he couldn’t recall if there were years when he paid below the 13.9 percent tax rate that he paid in 2010. Although he said he was “happy to go back and look,” his campaign declined to do just that.
Asked for a response to Reid’s latest comments, Romney campaign adviser Kevin Madden said his candidate had “gone above and beyond the disclosure requirements by releasing two years of personal tax returns in addition to the hundreds of pages of personal financial disclosure documents he has provided to the FEC and made public.”
Madden added that it was “troubling and disappointing that Senator Reid would cite Governor Romney’s father, George, as part of a personal attack against the governor. We have many substantive disagreements with the senator and his policies, but using insults about a father-son relationship is a step too far.”
Reid has jabbed at Romney before. Indeed, during the HuffPost interview, he seemed to revel in the headlines and fallout his attacks have caused.
“It’s interesting, my guy from Vegas wrote this. He’s a snarky guy, [Las Vegas Sun political reporter] Jon Ralston. He’s a center guy. I like Jon just fine, but he’s cynical, and I guess that’s what serves him well. So he criticizes me for saying that Romney couldn’t be elected dogcatcher,” Reid recalled.
“My wife said to me — we don’t talk politics very often — she said, like, ‘You shouldn’t have said that.’ So Stephanie Cutter [President Barack Obama's deputy campaign manager] comes down to talk about politics and outsourcing at my caucus. She said, ‘I’m so grateful for Senator Reid, the best remark during the last week, was saying that he couldn’t qualify to be dogcatcher.’ I could hardly wait to get home to tell my wife.”
Reid’s assessment about the state of the political landscape didn’t end at the borders of the presidential campaign. He spoke optimistically about the prospects of maintaining his role as Senate majority leader, offering up private polling data that he said showed four Democratic senatorial candidates ahead — Rep. Mazie Hirono up 19 points in Hawaii, Sen. Jon Tester ahead by 5 points in Montana, Rep. Tammy Baldwin up 3 points in Wisconsin, and Elizabeth Warren leading by 4 points in Massachusetts.
“We feel comfortable in the Senate,” he said. “Where the problem is, is this: Because of the Citizens United decision, Karl Rove and the Republicans are looking forward to a breakfast the day after the election. They are going to assemble 17 angry old white men for breakfast, some of them will slobber in their food, some will have scrambled eggs, some will have oatmeal, their teeth are gone. But these 17 angry old white men will say, ‘Hey, we just bought America. Wasn’t so bad. We still have a whole lot of money left.’”
“So that’s the only problem we have with our candidates,” Reid concluded, suggesting that virtually everything, his leadership position included, could be swept away by outside cash.
*R*O*M*N*E*Y*L*S*O*S*
Readers: What are you thinking? Blog me.
Anna Of Guam: I haven’t said hello in awhile. How are you? I have to say either there always seems to be a beauty pageant happening in Guam, or time is just moving so quickly. I am pretty sure it is the latter!
I think it is wonderful that you support so many girls in these competitions. Good luck to Miss Jeneva Bosko! I HOPE all is well with you. Hafa Adai.
Bob Fertick: SOPA, PIPA….Now CISPA? I am not familiar with this Act, but it doesn’t sound good. Thanks for the comment.
Howie: You’re welcome.
Social Butterfly: Loved your comment. Thanks for sharing such interesting findings on the first Olympics to the current.
Peace out.
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August 2nd, 2012 at 4:12 pm
Ten years is a long time to go under the radar for a man of Mittens position, isn’t it? Wow, I’d love to know how he’s gotten away with that highway robbery. Even if its only one year, this is a guy we’re going to (ugh, possibly) have running the country? The back taxes on his income alone could significantly change some things. I’d love to know who Reid’s source is, because I’m nosey that way. That’s a staggering allegation. – ZL
August 2nd, 2012 at 9:42 pm
Some headlines:
Karl Rove in the Wall Street Journal: Obama’s ad blitz isn’t working
Romney playing the ‘you didn’t build that’ card again and it’s working. The latest ad focuses on a small business owner in Richmond, Va.
Orlando Sentinel: Rubio: Obama doesn’t believe in the “miracle of free enterprise”
Chances slim for deal on Senate cyber-security bill – National Journal
We have a lot of good stories this morning, including the latest report on sequestration from Hope and David’s tongue-in-cheek column to President Obama. George Will’s column on Ted Cruz’s victory in Texas is a must-read. That and a lot more below.
Have a great Thursday,
-Adam
August 2nd, 2012 at 9:49 pm
I love this place, it’s either wide open with 100 sets of initials or hmm, today – it’s just me and a newsreel of some kind…quirky…ZL
August 2nd, 2012 at 9:53 pm
Shep, if you really mean it, then tell us how much it would mean for you, personally, to marry your partner. Don’t just feed at the foxrightwing trough and tell us that you don’t agree with CFA.
August 2nd, 2012 at 9:54 pm
boo hoo…someone disagrees with me. but I’m a conservative and we always are right and we always get to say whatever we want and no one fights back…
well guess what…the days when conservatives got to spew mud at everyone and the other side played nice are OVER. Go back to your cave and kill a chicken or something.
August 2nd, 2012 at 9:55 pm
How is Fox News allowing Shep Smith to keep saying things? I mean don’t get me wrong, it’s awesome. But I would think that Fox would find some way to keep such opinions down. By maybe pairing him up with Hannity or something.
August 2nd, 2012 at 9:56 pm
Howie, are you out there? We need clarification. What is the meaning of the alien post?
If it is something you can’t reveal right, that’s cool too. Just throw us a bone.
Scott
August 2nd, 2012 at 10:01 pm
While members of the Westboro Baptist church have taken liberties to the absolute extreme and I’m happy to hear that they have been brought under control to some extent, I don’t quite know how to get my head around the way laws overriding freedom of speech can be so readily introduced and passed in this country when so many areas of consideration that affect many more Americans on a daily basis (and life and death) are held up, postponed and/or left to dangle in the wind for years if not decades without any action taken by Congress..
It appears easier in America to have the particular articles of the Constitution voided than it does to reverse several unwarranted trespasses of government into the personal life choices of Americans such as same gender marriage, substance legalization, bringing an end to our involvement in international armed conflicts and equality in taxation.
These matters are held in queue for decades, while protecting our misspent youth who have been sent to purposeless war are addressed rather quickly.
The message being sent in this way are becoming frighteningly clearer by the day in America.
August 2nd, 2012 at 10:01 pm
It’s a very controversial decision – in my opinion – The right to free speech – is very important – however – when one’s free speech infringes on another’s then the right ends. This seems to be about 300 steps in the right direction.
August 2nd, 2012 at 10:02 pm
The saddest part of all of this is the people fail to recognize who is actually working to protect the rights of the people. It is not the military. It is groups like Westboro Baptist Church and the KKK. They are out there fighting to keep people free.
They never get the recognition for it either. Their idiocy is establishing legal precedent that protects everyone.
People will never understand that though. They will continue believing that a religious ceremony for a dead person (rights for the dead are not the same as those who are alive) is somehow more important and more worthy of protection than the wacky views of some groups of weirdos.
August 2nd, 2012 at 10:20 pm
Harry could be sued soon as well as Rahm in Chicago for his dumb claims that he can tell private businesses where they can go or not go. Harry Reid had better reveal his source, as Mitt has claimed he paid lots of income taxes the last ten years.
Put up or shut up Reid, you short man’s complex will do you in soon, just like Bloomy and Rahm.
August 2nd, 2012 at 10:21 pm
Give em Hell Harry!
August 2nd, 2012 at 10:22 pm
Why on earth do these dim-witted voters keep re-electing sloths like this guy? I don’t get it. If he had a brain he’d be even more dangerous then he already is!
August 2nd, 2012 at 10:24 pm
Hey Harry—-balance the budget before you start throwing stones at someone else. By the way—-I don’t care about Mr. Romney’s tax returns…..I am sure they are not as bad as GE’s. What I do want is: I want a job so I can pay my mortgage, and student loans. I want you to STOP the crazy spending, I want gas prices to go down, I want our military to have the
SAME benefits as you have…..I want the government to be smaller not larger…..I want things MADE IN AMERICA instead of China….Work on my wants and stop throwing up SMOKE SCREENS—-we all know about “WAG THE DOG” issues. Please get real and Stop the pandering.
August 2nd, 2012 at 10:25 pm
if a blind man sat in a dark room……………………..would he know it? no more than he’d know the cat was black. searching with his sense of hearing and smell, he would not discriminate hues of light!
August 2nd, 2012 at 10:25 pm
Another brain surgeon….
August 2nd, 2012 at 10:27 pm
Sarah, gee, let’s to to the conservative reasoning as to why you don’t have a job — it’s YOUR fault that you can’t pay your mortgage.
It’s YOUR fault that you don’t have a job and can’t pay your student loan. The Republican mantra — Get up off of your behind and do something about it. Having things made in America is not GOOD for corporate profits. That’s a Republican theme.
Want things made in America, then accept less pay. Who CARES about your wants. The Republicans sure dont. They could care LESS about you, or your family, except that it’s a traditional, not a gay family.
August 2nd, 2012 at 10:29 pm
You conservatives act like a blind man in a dark room searching for a black cat that’s not even there…….
August 2nd, 2012 at 10:31 pm
Reid is the most unctuous man in D.C. This is a pathetic little man, corrupt in his own right in Nevada, along with his shady kids, who is an example of what’s wrong with politics.
Make a claim, with no proof, by his own admission, and ask the other guy to prove it wrong. That’s not how things work. If Reid did get confidential tax information from the unknown phone caller, he has an obligation to reveal that person’s name.
We still have presumption of privacy as far as our tax records are concerned, no? I just received a phone call from a Nevada resident who told me that Reid is into kinky sex. C’mon Harry, prove it isn’t true.
August 2nd, 2012 at 10:34 pm
MC-1
Who says I am a conservative? and where do I say I have a family? and how do you know that I am not gay? And who asked you? You are one of the most negative responders on this blog.
Everyone has a right to post just like you and, oh by the way, no one cares what you say. Just like a Dem—-just gotta say something whether you make sense or not.
August 2nd, 2012 at 10:35 pm
Relief is coming! 96 more days til Obama is a private citizen! Hopefully the political bull will go with him!
August 2nd, 2012 at 10:36 pm
LMAO at an IDIOT. I said that they could care LESS about YOU or your FAMILY. I didn’t say you couldn’t post STUPID. Learn how to comprehend WHAT you read dumb ass.
LMAO again at a MORON. Again according to CONSERVATIVES, it’s YOUR fault. Now tell me WHERE I said that you were a conservative??? Good luck LMAO.
August 2nd, 2012 at 10:39 pm
White men made this country. Blacks, Latinos, Asians, and the fucking stinking wannabe white jews are johnny come latelys.
Which one are you?
August 2nd, 2012 at 10:42 pm
I don’t see the point of all this back and forth. If he has nothing to hide why doesn’t he show a complete tax exhibit. Neither of the two he has produced are complete.
Just what is he hiding? You conservatives are always saying to the perps that if they have nothing to hide……
Why doesn’t that philosophy apply to your boy romney?
Kerry
August 2nd, 2012 at 10:43 pm
Listen here SARAH, don’t let your mouth write a check that you really can’t cash here. Because if you KNOW me like you claim, then you know that you’re about one iota away at getting smacked down like Gerge,WN, John, and the rest of the idiot Third Reichers on this blog.
So I suggest that you tread lightly if you don’t want to end up embarrassed and crying in their milk like they are on a nightly basis LMAO.
August 2nd, 2012 at 10:45 pm
Romney created doubt and suspicion that could have easily been avoided if he had shown “the people” what they reasonably expected to see.
Now he just has to be man enough to deal with the consequences instead of behaving like a man who is trying very hard to conceal his own financial duplicity.
This is entirely relevant as this man might be initiating policy decisions for taxpayers that really do pay their share of taxes honestly and openly and expect their possible president to adhere to those same standards.
Being an elitist very wealthy president does not give them the right to manipulate their debt to the country’s tax burden and create their own exclusive standards of conduct.
August 2nd, 2012 at 10:46 pm
You are the ignorant Idiot……just read your own rants. Dumba$$.
August 2nd, 2012 at 10:48 pm
Again, LMAO at a MORON who can’t READ worth a damn. What’s the matter sister?? You too STUPID to hold a job???
You are you an EMBARRASSMENT to the Third Reich who represents you yet DETESTS you because right now, you’re representing a gender they IGNORE???
Again, if you’re too stupid to hold a job, that’s YOUR fault. LMAO at an IDIOT!!!
Yet you’ll vote ReSCUMlican won’t you. Just like you swallow ReSCUMlican on a nightly basis don’t you?
August 2nd, 2012 at 10:50 pm
Reid just wants more people to be curious about Romney’s returns, and it worked.
August 2nd, 2012 at 10:51 pm
Don’t know if what Reid is alleging is true. There is one way to find out and that is for Romney to release his tax records.
The question is do we want as a presidential role model someone with Swiss and Cayman Island bank accounts. Rs and Ds have been discussing closing the Cayman Island tax loophole that costs the US billions in revenue every year.
Now, the US is considering for president someone who has profited from this tax dodge?? Why wouldn’t Romney’s election to president send the message to the wealthy that there is no societal outrage if they follow Romney’s example?
Financial problems that Greece and Italy have are partly due to the failure of the wealthy to pay taxes.
August 2nd, 2012 at 10:52 pm
Today’s deficit is a direct result of the Bush Tax Cuts and the Iraq war eating up the Clinton surplus. Every Republican knows this whether they will admit it or not.
Democrats = Tax and Spend. But they know how to tax more than they spend. That’s how you get a surplus.
Republicans = Subsidize and Spend. The recipe for economic disaster as GWB has proven.
August 2nd, 2012 at 10:53 pm
Oh, he paid taxes alright. Just not as much as Harry Reid would like. He paid more in taxes than Harry Reid makes in a year.
Romney pays no more than he has to, just like everyone else. Most people actually don’t pay any taxes so I don’t know what the difference is anyway.
To attack Romney’s income is absurd. An investor is a job creator pure and simple. To attack job creators seems foolish to me. Investment income is how he made his money. He invested in businesses.
The government and union pension funds however invest these days in the oil futures markets, driving up the cost of gas for everyone. And maybe they’ll start hitting the food futures. That’ll be rich.
August 2nd, 2012 at 10:59 pm
Fanny and Norman, I agree with both of you, and evidently so does Harry Reid. This was his way of doubling down on what he said to Huff Post earlier.
=====================
Sen. Harry Reid (D-Nev.) didn’t back down Wednesday from his accusation, made in an interview with The Huffington Post, that he heard that Mitt Romney didn’t pay taxes for a decade.
“I am not basing this on some figment of my imagination,” he told Nevada reporters on a conference call, according to the Las Vegas Review-Journal. “I have had a number of people tell me that.” He declined to name his source.
“I don’t think the burden should be on me,” he said. “The burden should be on him. He’s the one I’ve alleged has not paid any taxes. Why didn’t he release his tax returns?”
======================
It’s simple Mitt, you want the job of President, your employers want to see your tax returns.
Doug
August 2nd, 2012 at 11:00 pm
The tax thing again? This is getting boring. Eventually, he will show his tax returns, there will be a hoopla on how low his taxes were and then life will go on. I am amezed thiugh that no one asked him for his birth certificate! :O
August 2nd, 2012 at 11:01 pm
Mr. Reid says this informant was a Bain Capital investor? I imagine someone close to Romney may actually be privy to information on his returns, but we all know there are other people who have most certainly seen those returns who could very easily have dropped a dime on Mitt…..someone in the same line of work maybe?
August 2nd, 2012 at 11:02 pm
Senator Reid is spot on the money here, the only logical explanation here is that Romney paid little to no taxes for 10 years.
If these turned out to be the case, Mr. Romney would no doubt loose the election. I believe it would be so bad, that in all Likelihood the GOP would be thrown into a crisis and have to choose a new nominee (if that was even possible under the bylaws of the party).
You have to remember that there is someone bad in there so much so that Mr. McCain wouldn’t choose him to be the VP.. And that is just the second fiddle job!
August 2nd, 2012 at 11:03 pm
I think slick mitt got a few refunds.
August 2nd, 2012 at 11:03 pm
That’s what I keep thinking. I’ll bet he has years of not paying taxes and the Switzerland amnesty program hiding in those returns.
August 2nd, 2012 at 11:04 pm
RELEASE THE KRAKEN (OF ALL TAX RETURNS) !
August 2nd, 2012 at 11:05 pm
Fuck You, MC-1. As Levin suggested, and I agree… Romney should release his returns after Obama releases his academic records and Holder releases the Fast and Furious records… “and plainly say so.”
August 2nd, 2012 at 11:06 pm
Hardly in the same bag, John. Presidents, all, are allowed to seal their academic records but not their tax returns.
Re: Holder, are you referring to events involving illegal weapons transactions in which he was obviously non-involved?
August 2nd, 2012 at 11:08 pm
Pencil dick, that Levin shit is just more bob and weave with totally unrelated nonsense. Has Mr. Romney released his academic records?
Has he stated categorically that Senator Reid is incorrect? How about the tax returns. The longer this drags on the more it appears that something dreadful is being hidden.
LMAO
August 2nd, 2012 at 11:09 pm
I am not sure what it matters. I don’t believe for a second that Mitt is guilty of tax evasion. That is the question; after all, did he break the law?
Is there anyone who wouldn’t take advantage of all possible law to pay as little tax as is possible?
August 2nd, 2012 at 11:11 pm
Wait, did I read that right? THey want Harry to reveal who told him? Why do they never reveal their “sources”?
Even Fox says “our sources say” without revealing them when asked. Seems like on every issue they use that old double standard. Especially since we elected a black president.
August 2nd, 2012 at 11:12 pm
Tax evasion is not the question. Fair share is taking on a whole new meaning if the people making millions are paying nothing while they complain about the welfare queens.
Hypocrisy plays poorly with the electorate. And this looks very hypocritical. Time for us to hear from Mr. Romney even if he refuses to release the tax returns
August 2nd, 2012 at 11:13 pm
RELEASE THE TAX RETURNS, MITT!
Let the American people decide who is lying! HOW HARD IS THAT?
August 2nd, 2012 at 11:13 pm
Wow a Mormon Harry Reid attacking another Morman Mitt Romney. And the Mormon Harry Reid using fraudulant talking points to lie about Mitt Romney and Reid had better watch his actions because he is way over the line here.
August 2nd, 2012 at 11:15 pm
All the tax-man has to do is look into his offshore accounts and then ask for the release of identity that goes with the made up names as the law accords that right to him.
I also believe Mitt has been telling a lie since day One of his campaign (he can’t help himself). You probably noticed, he is a fast talker (as I noticed); he can’t help himself, He is what used to be called, ” a snake oil salesman”.
WHY does he do it? Because He can’t hide it; he’s been giving evidence on himself all along, This trip he just came back from was a beaut. He sounds well-educated but I think he has a good writer, like all those presidential candidates who came before him.
August 2nd, 2012 at 11:17 pm
RW, and just how do you figure that? WHY won’t Mitt release those forms? His refusal is hurting him in the polls, and Romney’s decisions are always based on the polls. So the reason has to be that releasing those records would cause him MORE damage.
Reid doesn’t need to watch his actions. All he is doing is what the media does: quoting from an unnamed source.
And it is not like Reid is some bombastic person just making stuff up, like a Rush Limbaugh or (put any name of a radio talk show host here… ).
He is very mild-mannered, and is not exactly known for making wild statements that turn out to be false.
Besides, there has to be SOME reason Mitt hasn’t released those tax records. It doesn’t take a rocket scientist to figure out that there is something here Mitt doesn’t want us to see.
August 2nd, 2012 at 11:20 pm
Sarah and MC-1 perhaps you two should concentrate on posting arguments with more substance… using insulting verbiage is indicative of bias and lacking critical thought, even professing that you have declined to give the issue intelligent consideration.
Helena
August 2nd, 2012 at 11:21 pm
According to Harry Reid’s source Romney must have felt comfortable enough to share the fact the he didn’t pay income taxes for 10 years.
I bet 10,000 Romney bucks that it’s all true.
Of course he would tell an investor how clever he was, he was trying to get money out of him. It fits the pattern of him bragging about how clever he is in the money making department.
And I love it when a supporter of his crows that he didn’t take a salary while governor. He didn’t need to, he was already letting the taxpayers foot his own tax bill to a far higher amount.
August 2nd, 2012 at 11:22 pm
If Reid didn’t have a tiny inkling of something why would he make a statement like he made. I think that the Democratic Party has known something for a while and are trying to get Romney to spill it on his own…but Romney can’t because it would damage what little bit of image he has left
August 2nd, 2012 at 11:22 pm
Lets apply these same standards that you libbies and Reid are demanding to Obama’s medical records and college records. He is obviously hiding a lot of baggage from his history as a Marxist and domestic terrorist backer.
Plus he probably defrauded the country of thousands of dollars posing as a foreign student to get grants and other funds from the govt.
August 2nd, 2012 at 11:23 pm
Actually we’re applying the same standards back that you’ve been using against Obama. Don’t ya just love it?
Helena
August 2nd, 2012 at 11:30 pm
Desperation at it’s finest, folks: OBAMA ADMINISTRATION ASKS COMPANIES TO RISK LAWSUITS BY HOLDING ONTO PINK SLIPS UNTIL AFTER THE ELECTION
Cruz control: From Erick Erickson this morning on RedState, cross-posted at HE:
“Ted Cruz established himself by being like Jim DeMint. He better remember that as the great fellating of his ego by Washington insiders begins. The Republicans in Washington aim to co-opt him, to pacify him, and to make him an ally in preservation of the status quo. They will use conservative editorialists, fundraisers, and others to do the dirty work. They will try to surround him with staff who can “tame” him and “show him the ropes.” They will push conservative think tankers on him who know the game and where their real allegiance is. They will try to undermine him while building him up.”
Other races around the country:
» Steve Stockman is back, clinches 36th District primary
» Zoller, Collins on to a runoff in Georgia 9th
From John Hayward in the blog this morning: “The OhioAmerican Energy company announced it would close its coal mine near Brilliant, Ohio on Tuesday. There is no question whatsoever about the reason for the shutdown, because the company made it abundantly clear in their press release, which I am reproducing in full below. President Obama will be campaigning in Ohio on Wednesday; perhaps someone will present him with a copy of this letter and ask for his thoughts.”
That and some links from around the web below.
Have a great day,
-Adam
August 2nd, 2012 at 11:40 pm
SC, I think you would do well to understand what Bain Capital does and it’s not create jobs. It creates wealth for investors and it does that by cutting costs.
The greatest cost to any company is it’s employees. Fewer employees means less cost…it’s true in any business.
August 3rd, 2012 at 7:37 am
Cheers, Helena, on both comments. – ZL