Quote:
Originally Posted by Piscator
Check out a company called Staples........
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Staples was one of Bain's earliest and biggest success stories.
But the point is still sound, the objective of private equity is rarely to take long-term risk, it's to structure a short-term deal that they can derive profit from.
Romney has executive experience certainly, but to say his business background somehow gives him grand insight into what the US needs to be successful is a bit of a stretch.
-spence