@don17and how many years after romney left the company are these numbers
Certain Individuals huff and puff and blow at Romney no matter what! Here are
facts from Annual Reports(SEC Filed)and other direct source material on Bain
Capital(Mitt Romney)involved companies. Company #Locations
Revenue/Value Employees/JobsStaples 1575us 24.5 Billion 90,000Dominos 9000 1.5 145,000ToysR Us 1600 13.7 70,000Guitar Center 223
1.8 10,000Dunkin Brands 16000 7.7 260,000Hopital Corp 275 32.0
168,000HD Supply 680 13.0 14,000Burger King 12000 2.5 39,000AMC Theaters 5300 scrreens 2.5 21,000Burlington CoatF 450 3.0 28,000Michaels Arts-C 1180 4.0 13,000Sports Authority 450 1.1 9,000Bain Invested in these companies when they were smaller weaker or near or in
bankruptcy. This totals 48,643 properties paying taxes, 112.8 billion in value
and 867,000 jobs and represents 12 companies. Bain has interest in 111 others!
One poster refers to a few people who lost jobs. Not all investments succeed.
Bain invests 66 Billion in private capital much from accounts held by retirees.
These companies returned 10.7% average last year!
The claim from the article is that Romney's job creation record is not perfect
but 'darn good.' And if we has listened to this? **'Let
Detroit Go Bankrupt' - By Mitt Romney - NY Times - 11/18/08
Estimated Result: **'How Many Jobs Depend on the Big Three?' - By
CATHERINE RAMPELL - NY Times - 11/17/08 'In both cases, there would
be major short-term shocks to employment; depending on which scenario you use, a
contraction of the Detroit Three would result in direct and indirect job losses
of 2.5 million to 3 million in 2009.' I fail to see how loosing yet
ANOTHER 3 million American jobs ON TOP OF our current unemployment would
be... 'darn good.'
'GREER, S.C. An array of Republicans and conservatives including some of Mitt
Romney's sharpest critics rushed to the GOP presidential front-runner's defense
Thursday to counter efforts to paint the former venture capitalist as a
job-killer.' - Article **'Mitt Romney as job creator clashes with
Bain record of job cuts' - By Lisa Lerer, Bloomberg News - Published by DSNews -
07/20/11 "Employees who lost jobs at Bain-controlled companies
more than a decade ago say they still hold Romney responsible."I
would not vote for him for anything," said Phyllis Detro, 68, who lost her
job..." **'Romney Camp admits that its Bain Job Creation number
is Bogus' - By Pat Garofalo - Think Progress - 01/04/2012 **GOP
rivals turn Romneys jobs record against him By Kasie Hunt AP Published by
DSnews 01/09/2012 A separate AP analysis found that at least 4,000
workers lost their jobs at 45 companies bought by Bain...'