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After Mitt Romney Deal, Company Showed Profits and Then Layoffs - NYTimes.com
By the green-hued yardsticks of Wall Street, the 1990s buyout of an Illinois medical company by Mitt Romney’s private equity firm was a spectacular success.
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Justine Schiavo/The Boston Globe
Mitt Romney, left, with William W. Bain Jr. in 1990. Mr. Romney began his rise in business working for Mr. Bain, who encouraged him to move into the private equity firm that he ran for 15 years.
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The Long Run: Cain, Now Running as Outsider, Came to Washington as Lobbyist (October 23, 2011)
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The Long Run: For Bachmann, God and Justice Were Intertwined (October 14, 2011)
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David L. Ryan/The Boston Globe
Mitt Romney cites his time as a private equity firm manager.
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Meg Roussos for The New York Times
Cindy Hewitt, a human resources manager, said she was so disillusioned dealing with workers in a Bain Capital downsizing that she left the corporate world.
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Christopher Gregory for The New York Times
Arsenio Muñiz Rosado, who lost his job in Puerto Rico, tried several times to commit suicide.
Mr. Romney’s company, Bain Capital, sent in a team of 10 turnaround experts from Boston to ferret out waste, motivate executives and study untapped markets.
By the time the Harvard M.B.A.’s from Bain were finished, sales at the medical company, Dade International, had more than doubled. The business acquired two of its rivals. And Mr. Romney’s firm collected $242 million, a return eight times its investment. -
Homeland Security Wants Mozilla to Pull “Domain Seizure” Add-On | TorrentFreak
Homeland Security’s ICE unit is not happy with a Firefox add-on that allows the public to circumvent the domains seizures carried out during the past several months. In an attempt to correct this ‘vulnerability’ in their anti-piracy strategy, ICE have asked Mozilla to pull the add-on from their site. Unfortunately for them Mozilla denied the request, arguing that this type of censorship may threaten the open Internet.
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My dog hates when I'm stoned (i.imgur.com)submitted 4 hours ago by greeech1 to trees37 commentssharesavehidereport
Monday, November 14, 2011
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