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In reply to the discussion: NEW ROMNEY VIDEO: In 1985, He Said Bain Would "Harvest" Companies for Profits [View all]freshwest
(53,661 posts)31. And the results of his becoming CEO of America would be...
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NEW ROMNEY VIDEO: In 1985, He Said Bain Would "Harvest" Companies for Profits [View all]
kpete
Sep 2012
OP
And there were still a few regulators to spank him. Obama had Warren in place, but the GOP
freshwest
Sep 2012
#38
Bain Capital was founded with the same money that financed death squads in El Salvador
Major Nikon
Sep 2012
#5
Thank you for this video of harvesting businesses. Wow Warren Buffet acturally buys companies to
kathman-duzi
Sep 2012
#18
I wish the term "harvest" was as damning as it initially sounds, but this is the typical meaning in
highplainsdem
Sep 2012
#9
From that Bloomberg article, an example of how the way a company was acquired set up a disaster
highplainsdem
Sep 2012
#10
Quite a harvest, um I mean neutral transaction . So the firm was harvested and the investors were
kathman-duzi
Sep 2012
#19
It's not neutral. He's talking about outsourcing and laying off people. Look what happened.
yardwork
Sep 2012
#11
Again, that ISN'T what "harvest" necessarily means in private equity. It's a neutral term
highplainsdem
Sep 2012
#13
eggplant VC business model in the hands of mittens is particularly worrisome and perhaps should be
midnight
Sep 2012
#32
I agree that Romney is a vulture capitalist. I hate what Bain did. But I still think that
highplainsdem
Sep 2012
#17
They had choices. All too often they made the wrong ones, the amoral ones.
highplainsdem
Sep 2012
#29
I believe you! Using the harvest definition so broadly allows the vultures and
kathman-duzi
Sep 2012
#20
Probably not, but I think it's too easily explained as a standard term for this to be a bombshell.
highplainsdem
Sep 2012
#36