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Thu Feb 23, 2012, 11:14 AM

"How Mitt Romney's Firm Tried And Failed To Build A Paper Empire"

From NPR's Zoe Chace

http://wamu.org/programs/morning_edition/12/02/22/how_mitt_romneys_firm_tried_and_failed_to_build_a_paper_empire

"The story of how Bain Capital tried and failed to build a paper empire starts with an ordinary legal pad. Yellow-lined paper, wide margins. The most innocuous looking thing in the world. The company that makes it has been around for more than 100 years. Its name is as boring as its product: American Pad and Paper. Ampad for short."

SNIP

"Jerry Rayburn, who worked on the factory floor at SCM, remembers the day when Bain took over.

"We knew something was going on when, toward the end of the day, we saw all the security guards starting to surround the plant," he says.

Then employees were told the company had been acquired by Ampad, and they had all been terminated. They were told they were welcome to re-apply for their own jobs."

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Reply "How Mitt Romney's Firm Tried And Failed To Build A Paper Empire" (Original post)
FSogol Feb 2012 OP
Raven Feb 2012 #1
FSogol Feb 2012 #2

Response to FSogol (Original post)

Thu Feb 23, 2012, 11:16 AM

1. I heard this report on NPR

this morning. It was chilling. SCM was the company that the Dems hung around Romney's neck in the Mass Senate race.

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Response to FSogol (Original post)

Thu Feb 23, 2012, 11:20 AM

2. Another similar story about Bain Capital killing KB Toys

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