Don t Bash Romney s Experience, Embrace It
Over time, many companies throughout the world accumulate inefficient processes
and duplication of efforts.
Private equity firms are in the business of finding
companies that have inefficiencies.
Their goal is to...
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Don t Bash Romney s Experience, Embrace It
Over time, many companies throughout the world accumulate inefficient processes
and duplication of efforts.
Private equity firms are in the business of finding
companies that have inefficiencies.
Their goal is to make an investment in a
company and provide working capital to nurture expansion, new product
development, or restructuring of the company’s operations, management, or
ownership.
Sometimes unfortunately, in an effort to go forward, management needs to make
tough decisions in regards to laying people off.
This process has been in practice in
the United States for well over 100 years and has given rise to better, more efficient
companies that have grown to employ tens of thousands of more people than they
had previously.
I am in disbelief and shock that Mitt Romney and Bain Capital have come under
attack for, quite frankly, making companies run better -- and all Americans have
benefited from this.
It is obviously a desperate move
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